# PPP loan: GRAY METAL PRODUCTS INC
> **$1.52M** approved 04/15/2020 · Paid in Full · Loan `8346457102`
## Borrower
- **Name:** GRAY METAL PRODUCTS INC
- **Address:** 495 Rochester Street, Avon, NY, 14414
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (102%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Rent:** $28K
- **Utilities:** $27K
- **Health care:** $92K
- **Jobs reported:** 185
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*