# PPP loan: FALCON METALS & SUPPLY COMPANY, INC.
> **$242K** approved 04/28/2020 · Paid in Full · Loan `7026847206`
## Borrower
- **Name:** FALCON METALS & SUPPLY COMPANY, INC.
- **Address:** 1597 HIGHWAY 150, BESSEMER, AL, 35022-4039
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $24K
- **Utilities:** $20K
- **Jobs reported:** 25
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*