# PPP loan: FERROLUX METALS CO. OF MICHIGAN, LLC
> **$384K** approved 04/13/2020 · Paid in Full · Loan `5499267101`
## Borrower
- **Name:** FERROLUX METALS CO. OF MICHIGAN, LLC
- **Address:** 11103 Memphis Avenue, CLEVELAND, OH, 44144-2055
- **NAICS:** 331221
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Jobs reported:** 25
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*