# PPP loan: SPECIALTY MANUFACTURERS, INC.
> **$2.57M** approved 04/09/2020 · Paid in Full · Loan `9221517010`
## Borrower
- **Name:** SPECIALTY MANUFACTURERS, INC.
- **Address:** 11595 MERIDIAN ST, CARMEL, IN, 46032-6961
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.57M
- **Initial approval:** $2.57M
- **Forgiven:** $2.60M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.57M
- **Jobs reported:** 222
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*