# PPP loan: WESTCHESTER METAL WORKS INC
> **$536K** approved 05/01/2020 · Paid in Full · Loan `2987407700`
## Borrower
- **Name:** WESTCHESTER METAL WORKS INC
- **Address:** 55 Knowles Street, Yonkers, NY, 10705
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $36K
- **Utilities:** $5K
- **Health care:** $240K
- **Jobs reported:** 27
## 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*