# PPP loan: TRU-SPEC METALS  INC.
> **$162K** approved 03/23/2021 · Paid in Full · Loan `6551418609`
## Borrower
- **Name:** TRU-SPEC METALS  INC.
- **Address:** 3075 N Oak Grove Ave, Waukegan, IL, 60087-1817
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*