# PPP loan: PENNSYLVANIA STEEL COMPANY NEW YORK INC
> **$524K** approved 04/28/2020 · Paid in Full · Loan `1394927300`
## Borrower
- **Name:** PENNSYLVANIA STEEL COMPANY NEW YORK INC
- **Address:** 999 South Oyster Bay Road, Bethpage, NY, 11714
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $410K
- **Rent:** $55K
- **Utilities:** $16K
- **Health care:** $41K
- **Debt interest:** $433
- **Jobs reported:** 39
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*