# PPP loan: SHUMAKER INDUSTRIES INC
> **$543K** approved 04/15/2020 · Paid in Full · Loan `8945417103`
## Borrower
- **Name:** SHUMAKER INDUSTRIES INC
- **Address:** 924 Water Street, Northumberland, PA, 17857
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Utilities:** $20K
- **Health care:** $76K
- **Jobs reported:** 34
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*