# PPP loan: SPECIALTY METAL PRODUCTS, INC.
> **$483K** approved 04/07/2020 · Paid in Full · Loan `6691407002`
## Borrower
- **Name:** SPECIALTY METAL PRODUCTS, INC.
- **Address:** 11356 INTERSTATE 10 E, BAYTOWN, TX, 77523
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 24
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*