# PPP loan: SHERMAN SPECIALTY INC.
> **$760K** approved 01/30/2021 · Paid in Full · Loan `8930508306`
## Borrower
- **Name:** SHERMAN SPECIALTY INC.
- **Address:** 141 Eileen Way, Syosset, NY, 11791-5302
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $764K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $760K
- **Jobs reported:** 81
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*