# PPP loan: IRON CITY STAMPING, INC.
> **$558K** approved 04/27/2020 · Paid in Full · Loan `4025697203`
## Borrower
- **Name:** IRON CITY STAMPING, INC.
- **Address:** 3 HOLLY CREEK RD, IRON CITY, TN, 38463
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 74
## Lender
- **Originating:** First Farmers and Merchants Bank
- **Servicing:** First Farmers and Merchants Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*