# PPP loan: ALLIED STEEL CORPORATION INC.
> **$198K** approved 02/24/2021 · Paid in Full · Loan `3547028505`
## Borrower
- **Name:** ALLIED STEEL CORPORATION INC.
- **Address:** 210 Commerce St, Saraland, AL, 36571-3300
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 18
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*