# PPP loan: SHIELD INDUSTRIES INC.
> **$434K** approved 04/05/2020 · Paid in Full · Loan `5213927006`
## Borrower
- **Name:** SHIELD INDUSTRIES INC.
- **Address:** 904 E Williams, SOUTH HUTCHINSON, KS, 67505-8730
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Mortgage interest:** $43K
- **Utilities:** $65K
- **Jobs reported:** 35
## Lender
- **Originating:** First Bank Kansas
- **Servicing:** First Bank Kansas (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*