# PPP loan: DAY SCRAP METAL INC
> **$301K** approved 05/01/2020 · Paid in Full · Loan `1219247801`
## Borrower
- **Name:** DAY SCRAP METAL INC
- **Address:** 1425 Howard Street, Elk Grove Village, IL, 60007-2215
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Jobs reported:** 21
## 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*