# PPP loan: FEDERAL BRONZE CASTING INDUSTRIES INC
> **$662K** approved 01/23/2021 · Paid in Full · Loan `4365038305`
## Borrower
- **Name:** FEDERAL BRONZE CASTING INDUSTRIES INC
- **Address:** 9 Backus St, Newark, NJ, 07105-3002
- **NAICS:** 331529
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $666K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $662K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*