# PPP loan: F A INDUSTRIAL SERVICES INC
> **$523K** approved 04/04/2020 · Paid in Full · Loan `4890187001`
## Borrower
- **Name:** F A INDUSTRIAL SERVICES INC
- **Address:** 4305 W US Hwy 2, IRON RIVER, MI, 49935-7935
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Rent:** $68K
- **Mortgage interest:** $10K
- **Utilities:** $25K
- **Jobs reported:** 40
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*