# PPP loan: FOREST IRON WORKS INC
> **$173K** approved 01/28/2021 · Paid in Full · Loan `7716708301`
## Borrower
- **Name:** FOREST IRON WORKS INC
- **Address:** 3 Elm St Ste A, Locust Valley, NY, 11560-2149
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** American Community Bank
- **Servicing:** American Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*