# PPP loan: MCELHENEY LOCKSMITHS, INC.
> **$213K** approved 04/15/2020 · Paid in Full · Loan `8409597107`
## Borrower
- **Name:** MCELHENEY LOCKSMITHS, INC.
- **Address:** 1214 Jefferson Ave, TOLEDO, OH, 43604-5837
- **NAICS:** 561622
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $22K
- **Utilities:** $3K
- **Debt interest:** $15K
- **Jobs reported:** 15
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*