# PPP loan: CLAYPOOL ELECTRIC INC.
> **$2.80M** approved 04/08/2020 · Paid in Full · Loan `7892927006`
## Borrower
- **Name:** CLAYPOOL ELECTRIC INC.
- **Address:** 1275 Lancaster-Kirkersville Rd., LANCASTER, OH, 43130-8969
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.80M
- **Initial approval:** $2.80M
- **Forgiven:** $2.84M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.80M
- **Jobs reported:** 219
## 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*