# PPP loan: WESCOTT STEEL, INC.
> **$477K** approved 04/15/2020 · Paid in Full · Loan `1020677205`
## Borrower
- **Name:** WESCOTT STEEL, INC.
- **Address:** 425 ANDREWS RD, TREVOSE, PA, 19053-3431
- **NAICS:** 331221
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $481K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $477K
- **Jobs reported:** 22
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*