# PPP loan: WCLT RADIO INC
> **$158K** approved 04/07/2020 · Paid in Full · Loan `7161647001`
## Borrower
- **Name:** WCLT RADIO INC
- **Address:** PO BOX 5150, NEWARK, OH, 43058
- **NAICS:** 515112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $5K
- **Jobs reported:** 50
## 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*