# PPP loan: J. SHAFAI MD. INC.
> **$170K** approved 04/17/2021 · Paid in Full · Loan `5256388801`
## Borrower
- **Name:** J. SHAFAI MD. INC.
- **Address:** 7601 Atlantic Ave, Cudahy, CA, 90201-5019
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $153K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*