# PPP loan: THE SHADE SHOP INC
> **$464K** approved 04/12/2020 · Paid in Full · Loan `3950847105`
## Borrower
- **Name:** THE SHADE SHOP INC
- **Address:** 4122 Richmond Ave, HOUSTON, TX, 77027-6820
- **NAICS:** 314121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Rent:** $58K
- **Utilities:** $58K
- **Jobs reported:** 20
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*