# PPP loan: SHUMAN PLASTICS INC
> **$503K** approved 01/28/2021 · Paid in Full · Loan `7891848305`
## Borrower
- **Name:** SHUMAN PLASTICS INC
- **Address:** 35 Neoga St, Depew, NY, 14043-3315
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*