# PPP loan: SPRINGFIELD IRON AND METAL, LLC
> **$285K** approved 04/14/2020 · Paid in Full · Loan `6385697108`
## Borrower
- **Name:** SPRINGFIELD IRON AND METAL, LLC
- **Address:** 1323 W. Locust Street, SPRINGFIELD, MO, 65803-1823
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $50K
- **Utilities:** $38K
- **Jobs reported:** 24
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*