# PPP loan: CLAYTON ASSOCIATES, INC.
> **$549K** approved 04/07/2020 · Paid in Full · Loan `7101827005`
## Borrower
- **Name:** CLAYTON ASSOCIATES, INC.
- **Address:** 1650 OAK ST, LAKEWOOD, NJ, 08701-5924
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Health care:** $23K
- **Jobs reported:** 35
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*