# PPP loan: BELTWAY IRON CO INC
> **$600K** approved 05/01/2020 · Paid in Full · Loan `8065487703`
## Borrower
- **Name:** BELTWAY IRON CO INC
- **Address:** 230 Schooner Lane, Prince Frederick, MD, 20678
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $532K (89%)
- **Forgiveness date:** 04/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Jobs reported:** 53
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*