# PPP loan: SHELTON MANAGEMENT GROUP, INC.
> **$167K** approved 04/16/2020 · Paid in Full · Loan `2803187201`
## Borrower
- **Name:** SHELTON MANAGEMENT GROUP, INC.
- **Address:** 1380 STAFFORD UMBERGER DR, WYTHEVILLE, VA, 24382-4401
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Utilities:** $42K
- **Jobs reported:** 27
## Lender
- **Originating:** Skyline National Bank
- **Servicing:** Skyline National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*