# PPP loan: METAL PROCESSING CORPORATION INC
> **$707K** approved 04/13/2020 · Paid in Full · Loan `5135067110`
## Borrower
- **Name:** METAL PROCESSING CORPORATION INC
- **Address:** 201 MISSISSIPPI ST, GARY, IN, 46402-1536
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $707K
- **Jobs reported:** 73
## Lender
- **Originating:** Granite Bank
- **Servicing:** Granite Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*