# PPP loan: SIPI METALS CORP
> **$2.58M** approved 04/09/2020 · Paid in Full · Loan `9946597009`
## Borrower
- **Name:** SIPI METALS CORP
- **Address:** 1720 N. Elston Ave, CHICAGO, IL, 60642-1532
- **NAICS:** 331410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.58M
- **Initial approval:** $2.58M
- **Forgiven:** $2.61M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.58M
- **Jobs reported:** 219
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*