# PPP loan: MARCELLS PAPER & METAL, INC
> **$158K** approved 04/30/2020 · Paid in Full · Loan `6762567307`
## Borrower
- **Name:** MARCELLS PAPER & METAL, INC
- **Address:** 4221 W FERDINAND ST, CHICAGO, IL, 60624
- **NAICS:** 562920
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 14
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*