# PPP loan: CLARION SINTERED METALS INC
> **$3.12M** approved 06/26/2020 · Paid in Full · Loan `4803418008`
## Borrower
- **Name:** CLARION SINTERED METALS INC
- **Address:** 3472 MONTMORENCI RD PO Box S, RIDGWAY, PA, 15853-7110
- **NAICS:** 332117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.12M
- **Initial approval:** $3.12M
- **Forgiven:** $3.17M (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.12M
- **Jobs reported:** 231
## 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*