# PPP loan: AMERICAN ALUMINUM CO
> **$544K** approved 01/27/2021 · Paid in Full · Loan `6541138310`
## Borrower
- **Name:** AMERICAN ALUMINUM CO
- **Address:** 230 Sheffield St, Mountainside, NJ, 07092-2303
- **NAICS:** 332439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $544K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*