# PPP loan: SHIELDS & COMPANY, INC.
> **$159K** approved 04/14/2020 · Paid in Full · Loan `6831427109`
## Borrower
- **Name:** SHIELDS & COMPANY, INC.
- **Address:** 890 WINTER ST Suite 160, WALTHAM, MA, 02451-1493
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $25K
- **Utilities:** $2K
- **Jobs reported:** 9
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*