# PPP loan: NICKELSON METAL RECYCLING
> **$380K** approved 05/01/2020 · Paid in Full · Loan `1197477809`
## Borrower
- **Name:** NICKELSON METAL RECYCLING
- **Address:** 8501 S BALTIMORE AVE, CHICAGO, IL, 60617
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 50
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*