# PPP loan: SERVSTEEL INC
> **$208K** approved 02/20/2021 · Paid in Full · Loan `2520578501`
## Borrower
- **Name:** SERVSTEEL INC
- **Address:** 214 W Bridge Dr, Morgan, PA, 15064-9744
- **NAICS:** 327120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 28
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*