# PPP loan: EASTERN SHORE METALS, LLC
> **$297K** approved 04/10/2020 · Paid in Full · Loan `1279407106`
## Borrower
- **Name:** EASTERN SHORE METALS, LLC
- **Address:** 102 PARK AVE, SEAFORD, DE, 19973-9479
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $28K
- **Utilities:** $12K
- **Health care:** $7K
- **Debt interest:** $38K
- **Jobs reported:** 32
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*