# PPP loan: LAYTON INCORPORATED
> **$546K** approved 04/28/2020 · Paid in Full · Loan `6379267210`
## Borrower
- **Name:** LAYTON INCORPORATED
- **Address:** 169 Dayton Rd., NEWARK, OH, 43055
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $40K
- **Mortgage interest:** $14K
- **Utilities:** $10K
- **Health care:** $34K
- **Debt interest:** $7K
- **Jobs reported:** 32
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*