# PPP loan: CHEROKEE STEEL INC.
> **$236K** approved 04/29/2020 · Paid in Full · Loan `2204897309`
## Borrower
- **Name:** CHEROKEE STEEL INC.
- **Address:** 902 HUTCHINSON PL, LEBANON, TN, 37090
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Jobs reported:** 28
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*