# PPP loan: LOCKHART DEVELOPMENT CO.
> **$466K** approved 04/29/2020 · Paid in Full · Loan `2789227301`
## Borrower
- **Name:** LOCKHART DEVELOPMENT CO.
- **Address:** 800 West Waterloo Rd., AKRON, OH, 44312-1528
- **NAICS:** 237210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Jobs reported:** 64
## Lender
- **Originating:** The Farmers National Bank of Canfield
- **Servicing:** The Farmers National Bank of Canfield (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*