# PPP loan: SHATLEY CONSTRUCTION CO, INC
> **$173K** approved 04/08/2020 · Paid in Full · Loan `8455287000`
## Borrower
- **Name:** SHATLEY CONSTRUCTION CO, INC
- **Address:** 515 Clarence Lyall Rd, West Jefferson, NC, 28694
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Mortgage interest:** $17K
- **Utilities:** $17K
- **Jobs reported:** 30
## Lender
- **Originating:** LifeStore Bank
- **Servicing:** LifeStore Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*