# PPP loan: SPINCO METAL PRODUCTS INC.
> **$746K** approved 04/07/2020 · Paid in Full · Loan `7103177004`
## Borrower
- **Name:** SPINCO METAL PRODUCTS INC.
- **Address:** One Country Club Drive, NEWARK, NY, 14513-1250
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $746K
- **Initial approval:** $746K
- **Forgiven:** $752K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $746K
- **Jobs reported:** 129
## Lender
- **Originating:** The Canandaigua National Bank and Trust Company
- **Servicing:** The Canandaigua National Bank and Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*