# PPP loan: SHAPIRO & DUNCAN INC
> **$6.32M** approved 04/08/2020 · Paid in Full · Loan `8509947004`
## Borrower
- **Name:** SHAPIRO & DUNCAN INC
- **Address:** 14620 ROTHGEB DR, ROCKVILLE, MD, 20850-5311
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.32M
- **Initial approval:** $6.33M
- **Forgiven:** $6.40M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.32M
- **Jobs reported:** 375
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*