# PPP loan: SHORELANDS CONSTRUCTION, INC.
> **$404K** approved 04/30/2020 · Paid in Full · Loan `6260227310`
## Borrower
- **Name:** SHORELANDS CONSTRUCTION, INC.
- **Address:** 7 COLUMBUS DR, MONMOUTH BEACH, NJ, 07750-1003
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Rent:** $13K
- **Jobs reported:** 32
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*