# PPP loan: SHELTON & ALDERSON INSURANCE AGENCY INC
> **$239K** approved 04/30/2020 · Paid in Full · Loan `5118627306`
## Borrower
- **Name:** SHELTON & ALDERSON INSURANCE AGENCY INC
- **Address:** 5048 US Hwy 29, BLAIRS, VA, 24527
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 17
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*