# PPP loan: TOLEDO METAL SPINNING COMPANY
> **$473K** approved 04/13/2020 · Paid in Full · Loan `5150867101`
## Borrower
- **Name:** TOLEDO METAL SPINNING COMPANY
- **Address:** 1819 CLINTON ST, TOLEDO, OH, 43607-1600
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $473K
- **Initial approval:** $473K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Utilities:** $59K
- **Debt interest:** $59K
- **Jobs reported:** 39
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*