# PPP loan: SR METALS INC DELAWARE VALLEY STEEL DIVISION
> **$305K** approved 04/13/2020 · Paid in Full · Loan `5438787100`
## Borrower
- **Name:** SR METALS INC DELAWARE VALLEY STEEL DIVISION
- **Address:** 2249 MANOR AVE, UPPER DARBY, PA, 19082-5413
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $312K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 16
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*