# PPP loan: CLOYD & ASSOCIATES, PSC
> **$214K** approved 04/04/2020 · Paid in Full · Loan `4672177000`
## Borrower
- **Name:** CLOYD & ASSOCIATES, PSC
- **Address:** 1700 forest drive, CORBIN, KY, 40701-2316
- **NAICS:** 541211
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $21K
- **Utilities:** $23K
- **Jobs reported:** 19
## Lender
- **Originating:** Cumberland Valley National Bank & Trust Company
- **Servicing:** Cumberland Valley National Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*