# PPP loan: SIGMET CORPORATION
> **$516K** approved 04/03/2020 · Paid in Full · Loan `4584587005`
## Borrower
- **Name:** SIGMET CORPORATION
- **Address:** 41 VANGUARD DR, READING, PA, 19606-3765
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $516K
- **Jobs reported:** 24
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*