# PPP loan: UNIVERSAL STEEL SUPPLY
> **$256K** approved 04/10/2020 · Paid in Full · Loan `1827727110`
## Borrower
- **Name:** UNIVERSAL STEEL SUPPLY
- **Address:** 5005 AUGUSTA RD, SAVANNAH, GA, 31408-1601
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Mortgage interest:** $26K
- **Utilities:** $26K
- **Jobs reported:** 20
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*