PPP Loan information for Wclt radio inc

$157,500

Wclt radio inc was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 04/07/2020 by The The Park National Bank reported 50 jobs and $157,500 was used to fund payroll.

Wclt radio inc is Existing or more than 2 years old

WCLT RADIO INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WCLT RADIO INC

Borrower Address

PO BOX 5150

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43058

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43058-0001

CD

OH-12

Jobs Reported

50

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4549.00

Payroll Proceed

152951.00

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

Non-Veteran

Non Profit

Forgiveness Amount

158565.82

Forgiveness Date

12/31/2020

;