# PPP loan: SHAMCO MANAGEMENT CORP
> **$274K** approved 04/07/2020 · Paid in Full · Loan `7244127004`
## Borrower
- **Name:** SHAMCO MANAGEMENT CORP
- **Address:** 505 THORNALL ST, EDISON, NJ, 08837-2203
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 22
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*