# PPP loan: METAL-MATIC INC.
> **$7.95M** approved 04/14/2020 · Paid in Full · Loan `6344307100`
## Borrower
- **Name:** METAL-MATIC INC.
- **Address:** 629 2ND ST SE, MINNEAPOLIS, MN, 55414
- **NAICS:** 331210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.95M
- **Initial approval:** $7.95M
- **Forgiven:** $8.05M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.95M
- **Jobs reported:** 500
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*