Shelton, CT — PPP Loan Data

Shelton, Connecticut received 1,635 Paycheck Protection Program loans totaling $207.7M. The average loan in the city was $127,013 — above the national program average of approximately $67,000.

96.0% of loans in Shelton — totaling $204.1M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Shelton were MONROE STAFFING SERVICES LLC ($10,000,000), SERVICE MANAGEMENT GROUP ($10,000,000), and INTEGRATED ANESTHESIA ASSOCIATES LLC ($7,620,218).

The most active industry sector in Shelton was Accommodation and Food Services with 97 loans worth $12.1M, followed by Personal Care Services (77 loans).

Applicants in Shelton reported retaining 19,872 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Shelton is part of Connecticut, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.