# PPP loan: BEAR STEEL INC.
> **$150K** approved 01/19/2021 · Charged Off · Loan `1824288306`
## Borrower
- **Name:** BEAR STEEL INC.
- **Address:** 53 Hanse Ave, Freeport, NY, 11520-4608
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 14
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*