# PPP loan: NEWBERG STEEL AND FABRICATION, INC.
> **$280K** approved 04/28/2020 · Paid in Full · Loan `1687327301`
## Borrower
- **Name:** NEWBERG STEEL AND FABRICATION, INC.
- **Address:** 23995 N Hwy 99w, NEWBERG, OR, 97132
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 18
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*