# PPP loan: BADGER ALLOY, INC.
> **$1.52M** approved 04/06/2020 · Paid in Full · Loan `6271157003`
## Borrower
- **Name:** BADGER ALLOY, INC.
- **Address:** 5120 STATE ST, MILWAUKEE, WI, 53208-2616
- **NAICS:** 331529
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Mortgage interest:** $190K
- **Utilities:** $190K
- **Jobs reported:** 122
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*