# PPP loan: FULCRUM STEEL LLC
> **$190K** approved 05/04/2020 · Paid in Full · Loan `1604437403`
## Borrower
- **Name:** FULCRUM STEEL LLC
- **Address:** 5402 South 40th Street, Phoenix, AZ, 85040
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $193K (102%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 30
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** MBE Capital Partners (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*