# PPP loan: SHULTS RESALE OF OLEAN INC.
> **$157K** approved 03/24/2021 · Paid in Full · Loan `8085338610`
## Borrower
- **Name:** SHULTS RESALE OF OLEAN INC.
- **Address:** 3004 Nys Route 417, Olean, NY, 14760-1833
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*