# PPP loan: T & W STEEL COMPANY INC.
> **$382K** approved 04/03/2020 · Paid in Full · Loan `4377027009`
## Borrower
- **Name:** T & W STEEL COMPANY INC.
- **Address:** 1612 SW Jefferson, LEES SUMMIT, MO, 64081-3106
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Mortgage interest:** $22K
- **Utilities:** $10K
- **Jobs reported:** 30
## Lender
- **Originating:** Farmers Bank & Trust
- **Servicing:** Farmers Bank & Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*