# PPP loan: SHAFFER DISTRIBUTING CO.
> **$1.53M** approved 04/12/2020 · Paid in Full · Loan `4013897109`
## Borrower
- **Name:** SHAFFER DISTRIBUTING CO.
- **Address:** 1100 W 3rd Ave, Columbus, OH, 43212-3113
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 116
## Lender
- **Originating:** PNC Bank, National Association
- **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*