# PPP loan: UNITED METAL & SCRAP COMPANY I
> **$985K** approved 04/08/2020 · Paid in Full · Loan `8814077010`
## Borrower
- **Name:** UNITED METAL & SCRAP COMPANY I
- **Address:** 1193 PO BOX, CALDWELL, ID, 83606-0001
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $985K
- **Initial approval:** $985K
- **Forgiven:** $990K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $910K
- **Rent:** $50K
- **Utilities:** $25K
- **Jobs reported:** 94
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (ID)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*