# PPP loan: SPECIALTY METAL PRODUCTS INC
> **$399K** approved 02/16/2021 · Paid in Full · Loan `9234508405`
## Borrower
- **Name:** SPECIALTY METAL PRODUCTS INC
- **Address:** 11356 Interstate 10 E, Baytown, TX, 77523-0884
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 23
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*