# PPP loan: SERVIMETAL LLC
> **$598K** approved 04/08/2020 · Paid in Full · Loan `8515187008`
## Borrower
- **Name:** SERVIMETAL LLC
- **Address:** CARR 175, KM 0.02, LOT 19-20 RIO CANAS IND PARK, CAGUAS, PR, 00725-9831
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Utilities:** $125K
- **Health care:** $23K
- **Jobs reported:** 98
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*