# PPP loan: BASIC METALS, INC.
> **$437K** approved 04/09/2020 · Paid in Full · Loan `8858697010`
## Borrower
- **Name:** BASIC METALS, INC.
- **Address:** W180N11819 River Lane, GERMANTOWN, WI, 53022-2419
- **NAICS:** 332117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $437K
- **Initial approval:** $437K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $437K
- **Jobs reported:** 37
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*