# PPP loan: GLOBAL METAL SOLUTIONS INC
> **$562K** approved 03/15/2021 · Exemption 4 · Loan `2492208606`
## Borrower
- **Name:** GLOBAL METAL SOLUTIONS INC
- **Address:** 2150 McGaw Ave, Irvine, CA, 92614-0912
- **NAICS:** 325612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $506K (90%)
- **Forgiveness date:** 03/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $562K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*