# PPP loan: R & F METALS, INC.
> **$1.54M** approved 04/08/2020 · Paid in Full · Loan `8014527005`
## Borrower
- **Name:** R & F METALS, INC.
- **Address:** 7607 Poplar Hill Lane, CLINTON, MD, 20735-1851
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.11M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 125
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*