# PPP loan: THE ERICSON MANUFACTURING CO.
> **$774K** approved 04/14/2020 · Paid in Full · Loan `6810747101`
## Borrower
- **Name:** THE ERICSON MANUFACTURING CO.
- **Address:** 4323 HAMANN PKWY, WILLOUGHBY, OH, 44094-5625
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $774K
- **Initial approval:** $774K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Rent:** $84K
- **Utilities:** $30K
- **Jobs reported:** 73
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*