# PPP loan: KLAPEC EXPRESS, INC.
> **$215K** approved 04/09/2020 · Paid in Full · Loan `8980747005`
## Borrower
- **Name:** KLAPEC EXPRESS, INC.
- **Address:** 673 North SENECA ST, OIL CITY, PA, 16301-5657
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 18
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*