# PPP loan: SHELTON ASSOCIATES INC
> **$227K** approved 03/20/2021 · Paid in Full · Loan `5986538604`
## Borrower
- **Name:** SHELTON ASSOCIATES INC
- **Address:** 15 Prestige Ln, Lancaster, PA, 17603-4076
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $231K (102%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*