# PPP loan: FRANK SHATZ & COMPANY, INC.
> **$365K** approved 04/03/2020 · Paid in Full · Loan `4470197008`
## Borrower
- **Name:** FRANK SHATZ & COMPANY, INC.
- **Address:** 61 DEWEY AVE SUITE D, WARWICK, RI, 02886-2431
- **NAICS:** 337212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $275K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Rent:** $48K
- **Utilities:** $25K
- **Jobs reported:** 24
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*