# PPP loan: SH1FT INC
> **$230K** approved 03/20/2021 · Paid in Full · Loan `4792598608`
## Borrower
- **Name:** SH1FT INC
- **Address:** 6004 Bonnie Brae Dr, Edina, MN, 55439-1713
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $1
- **Jobs reported:** 220
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*