# PPP loan: SALEM METAL INC
> **$673K** approved 04/13/2020 · Paid in Full · Loan `4656747103`
## Borrower
- **Name:** SALEM METAL INC
- **Address:** 177 N Main Street Building 200 - Unit #201, MIDDLETON, MA, 01949-1656
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $673K
- **Jobs reported:** 66
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*