# PPP loan: SHP-TIELS LLC
> **$519K** approved 04/27/2020 · Paid in Full · Loan `4496897200`
## Borrower
- **Name:** SHP-TIELS LLC
- **Address:** 965 PAGE MILL RD, PALO ALTO, CA, 94304-1013
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $519K
- **Jobs reported:** 56
## Lender
- **Originating:** Preferred Bank
- **Servicing:** Preferred Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*