# PPP loan: TRI-STATE IRONWORKS, INC
> **$1.06M** approved 04/10/2020 · Paid in Full · Loan `2297967108`
## Borrower
- **Name:** TRI-STATE IRONWORKS, INC
- **Address:** 175 W BODLEY AVE, MEMPHIS, TN, 38109-2509
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $792K
- **Utilities:** $264K
- **Jobs reported:** 71
## Lender
- **Originating:** First-Citizens National Bank
- **Servicing:** First-Citizens National Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*