# PPP loan: MICROMETAL TECHNOLOGIES INC.
> **$227K** approved 02/23/2021 · Paid in Full · Loan `3275098510`
## Borrower
- **Name:** MICROMETAL TECHNOLOGIES INC.
- **Address:** 5 New Pasture Rd, Newburyport, MA, 01950-4040
- **NAICS:** 333242
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Camden National Bank
- **Servicing:** Camden National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*