# PPP loan: K&T STEEL CORPORATION
> **$425K** approved 01/21/2021 · Paid in Full · Loan `2735848300`
## Borrower
- **Name:** K&T STEEL CORPORATION
- **Address:** 322 Diamond Ave, Twin Falls, ID, 83301-7709
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*