# PPP loan: SPECIALTY METALS PROCESSING  INC
> **$629K** approved 02/07/2021 · Paid in Full · Loan `4852968408`
## Borrower
- **Name:** SPECIALTY METALS PROCESSING  INC
- **Address:** 837 Seasons Rd, Hudson, OH, 44224-1027
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $629K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*