# PPP loan: IRON PEDDLERS PARTS DIVISION, INC.
> **$602K** approved 04/07/2020 · Paid in Full · Loan `7355767000`
## Borrower
- **Name:** IRON PEDDLERS PARTS DIVISION, INC.
- **Address:** 3504 N ROCKY RIVER RD, MONROE, NC, 28110-9295
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $602K
- **Initial approval:** $602K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Rent:** $14K
- **Utilities:** $63K
- **Jobs reported:** 44
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*