# PPP loan: CENTRAL ILLINOIS STEEL COMPANY
> **$555K** approved 04/10/2020 · Paid in Full · Loan `1400837109`
## Borrower
- **Name:** CENTRAL ILLINOIS STEEL COMPANY
- **Address:** 21050 Route 4 PO Box78, CARLINVILLE, IL, 62626
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Mortgage interest:** $69K
- **Utilities:** $69K
- **Jobs reported:** 59
## Lender
- **Originating:** Bank & Trust Company
- **Servicing:** Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*