# PPP loan: PATRIOT IRON CORP.
> **$159K** approved 04/10/2020 · Paid in Full · Loan `1270057101`
## Borrower
- **Name:** PATRIOT IRON CORP.
- **Address:** 545 Salem Street Floor #1, WAKEFIELD, MA, 01880-1227
- **NAICS:** 238190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $164K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 15
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*