# PPP loan: SHIELDS CONSTRUCTION COMPANY
> **$869K** approved 04/11/2020 · Paid in Full · Loan `3241487101`
## Borrower
- **Name:** SHIELDS CONSTRUCTION COMPANY
- **Address:** 1615 West Chester Pike, WEST CHESTER, PA, 19382-6223
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $869K
- **Initial approval:** $165K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $869K
- **Jobs reported:** 51
## 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*