# PPP loan: 3 SONS STEEL INC.
> **$442K** approved 03/31/2021 · Paid in Full · Loan `3552368703`
## Borrower
- **Name:** 3 SONS STEEL INC.
- **Address:** 200 W Hope Lodge St, Tarboro, NC, 27886-2470
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $442K
- **Jobs reported:** 20
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*