# PPP loan: H & M METAL PROCESSING INC.
> **$453K** approved 04/16/2020 · Paid in Full · Loan `2823027207`
## Borrower
- **Name:** H & M METAL PROCESSING INC.
- **Address:** 1414 KENMORE BLVD, AKRON, OH, 44314-1600
- **NAICS:** 332811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Rent:** $40K
- **Utilities:** $60K
- **Health care:** $27K
- **Jobs reported:** 60
## 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*