Shields Corporation

$835,812 PPP Loan in West Lawn, Pennsylvania

Loan Details

Loan Number
8517857110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$835,812
Current Approval
$835,812
Forgiveness Amount
$841,628
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shields Corporation
Address
1100 Rocky Drive
ZIP Code
19609
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423910)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$700,213
Rent
$71,500
Utilities
$6,000
Health Care
$48,099
Debt Interest
$10,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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