# PPP loan: ALUMINUM & METAL SERVICES CORP
> **$167K** approved 04/16/2020 · Paid in Full · Loan `3121507209`
## Borrower
- **Name:** ALUMINUM & METAL SERVICES CORP
- **Address:** Carr 21 Km 0.3 Villa Nevares, San Juan, PR, 00927
- **NAICS:** 331315
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Utilities:** $10K
- **Debt interest:** $18K
- **Jobs reported:** 21
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*