# PPP loan: SHELSTAD, INC.
> **$205K** approved 04/27/2020 · Paid in Full · Loan `5753877201`
## Borrower
- **Name:** SHELSTAD, INC.
- **Address:** 1001 Cooper Point Rd SW, STE 200, OLYMPIA, WA, 98502
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 15
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*