# PPP loan: ASBURY STEEL INC
> **$1.59M** approved 03/12/2021 · Paid in Full · Loan `1090288600`
## Borrower
- **Name:** ASBURY STEEL INC
- **Address:** 9102 Birch St, Spring Valley, CA, 91977-4109
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 119
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*