# PPP loan: SHAFFER FORD, INC.
> **$277K** approved 04/27/2020 · Paid in Full · Loan `3784607205`
## Borrower
- **Name:** SHAFFER FORD, INC.
- **Address:** 10335 Mt. Savage Rd NW, Cumberland, MD, 21502
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 37
## Lender
- **Originating:** First United Bank & Trust
- **Servicing:** First United Bank & Trust (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*