# PPP loan: MIDWEST STEEL CO., INC.
> **$1.37M** approved 01/16/2021 · Paid in Full · Loan `1259598301`
## Borrower
- **Name:** MIDWEST STEEL CO., INC.
- **Address:** 9825 Moers Rd, Houston, TX, 77075-3127
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.37M (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.37M
- **Utilities:** $1
- **Jobs reported:** 84
## Lender
- **Originating:** Lone Star Bank
- **Servicing:** Lone Star Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*