# PPP loan: DENVER SCRAP METAL RECYCLE CENTER INC
> **$362K** approved 04/13/2020 · Paid in Full · Loan `4938217106`
## Borrower
- **Name:** DENVER SCRAP METAL RECYCLE CENTER INC
- **Address:** 4920 WASHINGTON ST, DENVER, CO, 80216-2026
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Rent:** $70K
- **Utilities:** $6K
- **Health care:** $5K
- **Jobs reported:** 25
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*