# PPP loan: WAY, RAY, SHELTON & COMPANY, P.C.
> **$468K** approved 04/07/2020 · Paid in Full · Loan `7287917005`
## Borrower
- **Name:** WAY, RAY, SHELTON & COMPANY, P.C.
- **Address:** 216 MCFARLAND CIR NORTH, TUSCALOOSA, AL, 35406-1800
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Mortgage interest:** $27K
- **Utilities:** $6K
- **Jobs reported:** 24
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*