# PPP loan: CHARLESTON METAL PRODUCTS INC.
> **$1.02M** approved 04/14/2020 · Paid in Full · Loan `5872257108`
## Borrower
- **Name:** CHARLESTON METAL PRODUCTS INC.
- **Address:** 350 Grant Street 0.0, Waterloo, IN, 46793-9442
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $769K
- **Utilities:** $66K
- **Health care:** $188K
- **Jobs reported:** 106
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*