# PPP loan: DIVERSIFIED METAL PRODUCTS, INC. DBA DISPENSE-RITE
> **$322K** approved 04/16/2020 · Paid in Full · Loan `2552667208`
## Borrower
- **Name:** DIVERSIFIED METAL PRODUCTS, INC. DBA DISPENSE-RITE
- **Address:** 2205 CARLSON DR, NORTHBROOK, IL, 60062
- **NAICS:** 332811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $37K
- **Health care:** $27K
- **Jobs reported:** 18
## 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*