# PPP loan: SHALAG US INC.
> **$1.18M** approved 05/07/2020 · Paid in Full · Loan `3421207400`
## Borrower
- **Name:** SHALAG US INC.
- **Address:** 917 SE INDUSTRY DR, OXFORD, NC, 27565-3596
- **NAICS:** 313230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.19M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 78
## Lender
- **Originating:** Bank Hapoalim B.M. - New York Branch
- **Servicing:** Bank Hapoalim B.M. - New York Branch (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*