# PPP loan: SHAFF IMPLEMENT CO INC
> **$195K** approved 04/27/2020 · Paid in Full · Loan `4642727205`
## Borrower
- **Name:** SHAFF IMPLEMENT CO INC
- **Address:** 1940 CR 2000 N, Urbana, IL, 61802
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 18
## Lender
- **Originating:** The Gifford State Bank
- **Servicing:** The Gifford State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*