# PPP loan: MANDEL METALS INC.
> **$1.52M** approved 01/22/2021 · Paid in Full · Loan `3545258304`
## Borrower
- **Name:** MANDEL METALS INC.
- **Address:** 11400 Addison Ave, Franklin Park, IL, 60131-1124
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 106
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*