# PPP loan: MERCHANT IRON WORKS INC.
> **$602K** approved 04/13/2020 · Paid in Full · Loan `4326387110`
## Borrower
- **Name:** MERCHANT IRON WORKS INC.
- **Address:** 3215 BEULAH CUTTINO RD, SUMTER, SC, 29154-8591
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $602K
- **Initial approval:** $602K
- **Forgiven:** $607K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $602K
- **Jobs reported:** 45
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*