# PPP loan: AGCOR STEEL, LLC
> **$465K** approved 04/15/2020 · Paid in Full · Loan `1445867209`
## Borrower
- **Name:** AGCOR STEEL, LLC
- **Address:** 540 INDUSTRIAL PARK RD, CULLMAN, AL, 35055-6347
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 55
## Lender
- **Originating:** Merchants Bank of Alabama, A Division of SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*