# PPP loan: CLASSIC METALS, INC.
> **$438K** approved 05/01/2020 · Paid in Full · Loan `1450377710`
## Borrower
- **Name:** CLASSIC METALS, INC.
- **Address:** 1299 E 58TH AVE, DENVER, CO, 80216
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $441K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Rent:** $38K
- **Utilities:** $12K
- **Health care:** $51K
- **Debt interest:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*