# PPP loan: DELTA STEEL, INC.
> **$237K** approved 04/03/2020 · Paid in Full · Loan `4384557002`
## Borrower
- **Name:** DELTA STEEL, INC.
- **Address:** 1410 Webber Street, SAGINAW, MI, 48601-3438
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $6K
- **Health care:** $6K
- **Jobs reported:** 17
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*