# PPP loan: SIFCO INDUSTRIES, INC.
> **$5.02M** approved 04/10/2020 · Paid in Full · Loan `1942517101`
## Borrower
- **Name:** SIFCO INDUSTRIES, INC.
- **Address:** 970 East 64th Street 0.0, Cleveland, OH, 44103-1620
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.02M
- **Initial approval:** $5.02M
- **Forgiven:** $5.11M (102%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.08M
- **Health care:** $943K
- **Jobs reported:** 401
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*