# PPP loan: METAL-TECH MFG. INC.
> **$214K** approved 04/05/2020 · Paid in Full · Loan `5129177003`
## Borrower
- **Name:** METAL-TECH MFG. INC.
- **Address:** 1445 S 18TH ST, CLINTON, IA, 52732-6703
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $9K
- **Health care:** $10K
- **Jobs reported:** 45
## Lender
- **Originating:** The Clinton National Bank
- **Servicing:** The Clinton National Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*