# PPP loan: AMERICAN IRON, INC.
> **$1.81M** approved 04/27/2020 · Charged Off · Loan `5853387204`
## Borrower
- **Name:** AMERICAN IRON, INC.
- **Address:** 2822 Curry Rd, Schenectady, NY, 12303
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 80
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*