# PPP loan: UTILITY SPECIALIZED METALS, INC.
> **$160K** approved 04/28/2020 · Paid in Full · Loan `8584747210`
## Borrower
- **Name:** UTILITY SPECIALIZED METALS, INC.
- **Address:** 11324 TUXFORD ST, SUN VALLEY, CA, 91352-2636
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $152K (95%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*