# PPP loan: LAPHAM-HICKEY STEEL CORP.
> **$6.68M** approved 04/27/2020 · Paid in Full · Loan `3972117208`
## Borrower
- **Name:** LAPHAM-HICKEY STEEL CORP.
- **Address:** 5500 West 73rd Street, CHICAGO, IL, 60638
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.68M
- **Initial approval:** $6.68M
- **Forgiven:** $6.74M (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.01M
- **Rent:** $835K
- **Utilities:** $835K
- **Jobs reported:** 500
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*