# PPP loan: LANE STEEL COMPANY INCORPORATED
> **$1.01M** approved 04/10/2020 · Paid in Full · Loan `1285347108`
## Borrower
- **Name:** LANE STEEL COMPANY INCORPORATED
- **Address:** 4 River Road, #2 0.0, McKees Rocks, PA, 15136-2810
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $696K
- **Rent:** $181K
- **Utilities:** $40K
- **Health care:** $94K
- **Jobs reported:** 89
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*