# PPP loan: MTZ STEEL, INC.
> **$237K** approved 04/16/2020 · Paid in Full · Loan `2438717206`
## Borrower
- **Name:** MTZ STEEL, INC.
- **Address:** 9839 ARKANSAS ST, BELLFLOWER, CA, 90706
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Debt interest:** $957
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*