# PPP loan: SPEEDY METALS, LLC
> **$1.14M** approved 04/07/2020 · Paid in Full · Loan `7537367010`
## Borrower
- **Name:** SPEEDY METALS, LLC
- **Address:** 2505 S 162ND ST, NEW BERLIN, WI, 53151-2807
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $859K
- **Rent:** $286K
- **Jobs reported:** 119
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*