# PPP loan: WORTH STEEL AND MACHINERY INC.
> **$249K** approved 01/17/2021 · Paid in Full · Loan `1351828301`
## Borrower
- **Name:** WORTH STEEL AND MACHINERY INC.
- **Address:** 4001 W 123rd St, Alsip, IL, 60803-1801
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*