# PPP loan: STEEL TRADERS SHIPPING, LTD.
> **$170K** approved 04/27/2020 · Paid in Full · Loan `4172507203`
## Borrower
- **Name:** STEEL TRADERS SHIPPING, LTD.
- **Address:** 10 South Jefferson St, Suite 1250, ROANOKE, VA, 24011
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $34K
- **Health care:** $8K
- **Jobs reported:** 7
## Lender
- **Originating:** Bank of Botetourt
- **Servicing:** Bank of Botetourt (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*