# PPP loan: HBG STEEL, LLC
> **$171K** approved 04/15/2020 · Paid in Full · Loan `2000617206`
## Borrower
- **Name:** HBG STEEL, LLC
- **Address:** 2761 FRUITLAND AVE, VERNON, CA, 90058-3607
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $48K (28%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 11
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*