# PPP loan: JIM L SHETAKIS DISTRIBUTING CO
> **$980K** approved 04/13/2020 · Paid in Full · Loan `5373317108`
## Borrower
- **Name:** JIM L SHETAKIS DISTRIBUTING CO
- **Address:** 3840 N. CIVIC CENTER DR, North Las Vegas, NV, 89030
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $980K
- **Initial approval:** $980K
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Rent:** $70K
- **Mortgage interest:** $66K
- **Utilities:** $60K
- **Jobs reported:** 85
## Lender
- **Originating:** Axos Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*