# PPP loan: A. R. LOCKHART DEVELOPMENT CO.
> **$433K** approved 01/26/2021 · Paid in Full · Loan `5978618310`
## Borrower
- **Name:** A. R. LOCKHART DEVELOPMENT CO.
- **Address:** 5746 Memory Dr, New Franklin, OH, 44319-5124
- **NAICS:** 713910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $433K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*