# PPP loan: FABMETALS INC
> **$381K** approved 04/07/2020 · Paid in Full · Loan `7269147006`
## Borrower
- **Name:** FABMETALS INC
- **Address:** 250 BRUBAKER DRIVE, NEW CARLISLE, OH, 45344-1414
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $40K
- **Utilities:** $20K
- **Health care:** $75K
- **Jobs reported:** 29
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*