# PPP loan: DAROK STEEL INC
> **$316K** approved 02/20/2021 · Paid in Full · Loan `2552518510`
## Borrower
- **Name:** DAROK STEEL INC
- **Address:** CARR. 2 KM. 65.7 BO. SANTANA Arecibo PR 00612, Arecibo, PR, 00612
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*