# PPP loan: BEVERLY STEEL INC.
> **$413K** approved 01/21/2021 · Paid in Full · Loan `3066718303`
## Borrower
- **Name:** BEVERLY STEEL INC.
- **Address:** 4301 Anderson Rd, Knoxville, TN, 37918-2710
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $413K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Home Federal Bank of Tennessee
- **Servicing:** Home Federal Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*