# PPP loan: SUPERIOR METAL PRODUCTS INC
> **$495K** approved 04/07/2020 · Paid in Full · Loan `7447277003`
## Borrower
- **Name:** SUPERIOR METAL PRODUCTS INC
- **Address:** 2463 Hwy 107, CHUCKEY, TN, 37641
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Mortgage interest:** $6K
- **Utilities:** $94K
- **Jobs reported:** 71
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*