PPP Loan information for Claypool electric inc.

$2,804,942

Claypool electric inc. was initially approved for PPP Loan of amount $2,804,942, the current approved amount is $2,804,942. The loan was approved on 04/08/2020 by The The Park National Bank reported 219 jobs and $2,804,942 was used to fund payroll.

Claypool electric inc. is Existing or more than 2 years old

CLAYPOOL ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

CLAYPOOL ELECTRIC INC.

Borrower Address

1275 Lancaster-Kirkersville Rd.

Borrower City

LANCASTER

Borrower State

OH

Borrower Zip

43130-8969

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2804942.00

Current Approval Amount

2804942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

FAIRFIELD

Project State

OH

Project Zip

43130-8969

CD

OH-12

Jobs Reported

219

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2804942.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2836680.11

Forgiveness Date

06/11/2021

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