# PPP loan: UNIVERSAL STEEL TRADING LLC
> **$164K** approved 04/16/2020 · Paid in Full · Loan `2416117202`
## Borrower
- **Name:** UNIVERSAL STEEL TRADING LLC
- **Address:** 520 CALLE CAROLINA, SAN JUAN, PR, 00917
- **NAICS:** 423840
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Rent:** $16K
- **Mortgage interest:** $9K
- **Utilities:** $5K
- **Jobs reported:** 26
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*