# PPP loan: SL STEELE INDUSTRIES INC
> **$400K** approved 06/23/2020 · Charged Off · Loan `2058848008`
## Borrower
- **Name:** SL STEELE INDUSTRIES INC
- **Address:** 93 Rushfield Lane, Valley Stream, NY, 11581-2320
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $50K
- **Utilities:** $50K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*