# PPP loan: DM STEEL INC
> **$326K** approved 04/11/2020 · Paid in Full · Loan `3155327103`
## Borrower
- **Name:** DM STEEL INC
- **Address:** 412 PAVONIA ST, SIOUX CITY, IA, 51101-2244
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Rent:** $13K
- **Utilities:** $3K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of Dixon County
- **Servicing:** Bank of Dixon County (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*