# PPP loan: DIAMOND IRON, LLC
> **$320K** approved 04/27/2020 · Paid in Full · Loan `6275087210`
## Borrower
- **Name:** DIAMOND IRON, LLC
- **Address:** 6527 W Northview Ave, GLENDALE, AZ, 85301-1714
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $8K
- **Utilities:** $28K
- **Debt interest:** $8K
- **Jobs reported:** 30
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*