# PPP loan: PROFESSIONAL STEEL SERVICES, INC
> **$429K** approved 04/09/2020 · Paid in Full · Loan `1038937100`
## Borrower
- **Name:** PROFESSIONAL STEEL SERVICES, INC
- **Address:** 635 HARLEM RD, MACHESNEY PARK, IL, 61115-2429
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Rent:** $6K
- **Utilities:** $1K
- **Jobs reported:** 14
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*