# PPP loan: SHELF, INC.
> **$212K** approved 04/28/2020 · Paid in Full · Loan `8800107201`
## Borrower
- **Name:** SHELF, INC.
- **Address:** 68 Jay Street Suite 301, Brooklyn, NY, 11201
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Mortgage interest:** $20K
- **Utilities:** $10K
- **Jobs reported:** 10
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*