# PPP loan: SEAH STEEL USA LLC
> **$3.87M** approved 06/23/2020 · Exemption 4 · Loan `1973728006`
## Borrower
- **Name:** SEAH STEEL USA LLC
- **Address:** 16952 LEONARD RD, HOUSTON, TX, 77049-1800
- **NAICS:** 331210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.87M
- **Initial approval:** $4.01M
- **Forgiven:** $2.70M (70%)
- **Forgiveness date:** 06/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.15M
- **Rent:** $136K
- **Utilities:** $583K
- **Jobs reported:** 226
## Lender
- **Originating:** GBC International Bank
- **Servicing:** GBC International Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*