# PPP loan: SHONEY'S OF MORGANTOWN INC.
> **$188K** approved 01/27/2021 · Paid in Full · Loan `6869168301`
## Borrower
- **Name:** SHONEY'S OF MORGANTOWN INC.
- **Address:** 9 Sterling Drive, Morgantown, WV, 26508
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** AmeriServ Financial Bank
- **Servicing:** AmeriServ Financial Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*