# PPP loan: OWENS STEEL & MACHINE WORKS INC
> **$173K** approved 04/28/2020 · Paid in Full · Loan `1226507304`
## Borrower
- **Name:** OWENS STEEL & MACHINE WORKS INC
- **Address:** 808 SEABOARD ST, MYRTLE BEACH, SC, 29577-6523
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 17
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*