# PPP loan: SERVICE IRON WORKS, INC.
> **$508K** approved 04/27/2020 · Paid in Full · Loan `4621307209`
## Borrower
- **Name:** SERVICE IRON WORKS, INC.
- **Address:** 245 South Mill Street, South Lyon, MI, 48178-1813
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $514K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Mortgage interest:** $102K
- **Jobs reported:** 23
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*