# PPP loan: ROYAL METAL PRODUCTS INC.
> **$162K** approved 04/06/2020 · Paid in Full · Loan `6017027004`
## Borrower
- **Name:** ROYAL METAL PRODUCTS INC.
- **Address:** 463 West Road, SURPRISE, NY, 12176-1709
- **NAICS:** 337121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $41K
- **Jobs reported:** 20
## Lender
- **Originating:** The National Bank of Coxsackie
- **Servicing:** The National Bank of Coxsackie (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*