# PPP loan: SHIVAN LOGISTIC INC
> **$164K** approved 07/21/2020 · Exemption 4 · Loan `6267038104`
## Borrower
- **Name:** SHIVAN LOGISTIC INC
- **Address:** 1258 East 57th Street, BROOKLYN, NY, 11234-3334
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $124K (76%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 5
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*