# PPP loan: ACME METAL SPINNING, INC.
> **$296K** approved 04/15/2020 · Paid in Full · Loan `9509587106`
## Borrower
- **Name:** ACME METAL SPINNING, INC.
- **Address:** 98 43rd Ave. NE, MINNEAPOLIS, MN, 55421-2605
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Rent:** $37K
- **Jobs reported:** 22
## Lender
- **Originating:** Citizens Alliance Bank
- **Servicing:** Citizens Alliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*