# PPP loan: ROCHESTER IRON & METAL INCORPORATED
> **$658K** approved 03/26/2021 · Paid in Full · Loan `1222908708`
## Borrower
- **Name:** ROCHESTER IRON & METAL INCORPORATED
- **Address:** 1552 E Lucas St, Rochester, IN, 46975-8342
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $658K
- **Initial approval:** $658K
- **Forgiven:** $661K (100%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $658K
- **Jobs reported:** 65
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*