# PPP loan: CAPITAL SCRAP METAL, LLC
> **$868K** approved 04/05/2020 · Paid in Full · Loan `5390677004`
## Borrower
- **Name:** CAPITAL SCRAP METAL, LLC
- **Address:** 1610 N Powerline Road, POMPANO BEACH, FL, 33069-1623
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $868K
- **Initial approval:** $868K
- **Forgiven:** $875K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $651K
- **Utilities:** $217K
- **Jobs reported:** 68
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*