# PPP loan: STRATFORD METALFINISHING  INC
> **$395K** approved 04/27/2020 · Paid in Full · Loan `5009877203`
## Borrower
- **Name:** STRATFORD METALFINISHING  INC
- **Address:** 1681 S Martin Luther King Jr Drive, WINSTON SALEM, NC, NC, 27107-1310
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $394K (100%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Utilities:** $25K
- **Debt interest:** $30K
- **Jobs reported:** 45
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*