# PPP loan: STS STEEL, INC.
> **$677K** approved 04/12/2020 · Paid in Full · Loan `3757837100`
## Borrower
- **Name:** STS STEEL, INC.
- **Address:** 10 Rush Street, Schenectady, NY, 12305
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $677K
- **Jobs reported:** 52
## Lender
- **Originating:** Pioneer Bank, National Association
- **Servicing:** Pioneer Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*