# PPP loan: METAL TRADES INC.
> **$1.53M** approved 01/27/2021 · Paid in Full · Loan `7049048310`
## Borrower
- **Name:** METAL TRADES INC.
- **Address:** 4194 Highway 165, Hollywood, SC, 29449-6041
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Utilities:** $1
- **Jobs reported:** 100
## 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*