# PPP loan: SHANNON SYSTEMS LLC
> **$1.10M** approved 04/27/2020 · Paid in Full · Loan `3852637206`
## Borrower
- **Name:** SHANNON SYSTEMS LLC
- **Address:** 80 PALMER CIRCLE, HOPE VALLEY, RI, 02832-2520
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 72
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*