# PPP loan: AUSTIN IRON, LLC
> **$282K** approved 04/11/2020 · Paid in Full · Loan `2966867100`
## Borrower
- **Name:** AUSTIN IRON, LLC
- **Address:** 9606 Old Manor Road #1, AUSTIN, TX, 78724
- **NAICS:** 332111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $71K
- **Jobs reported:** 38
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*