# PPP loan: FIRST STEP CORPORATION
> **$180K** approved 05/26/2020 · Paid in Full · Loan `3276147801`
## Borrower
- **Name:** FIRST STEP CORPORATION
- **Address:** 19406 Coastal Hwy, Rehoboth Beach, DE, 19971
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 15
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*