# PPP loan: CLAYTON'S MERCANTILE SUPPLY, INC.
> **$179K** approved 05/01/2020 · Paid in Full · Loan `2619117703`
## Borrower
- **Name:** CLAYTON'S MERCANTILE SUPPLY, INC.
- **Address:** 220 Danbury Road, New Milford, CT, 06776
- **NAICS:** 424990
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 12/18/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $28K
- **Utilities:** $69
- **Health care:** $8K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*