# PPP loan: J&M STEEL SOLUTIONS CASH BALANCE PLAN, INC.
> **$1.45M** approved 04/27/2020 · Paid in Full · Loan `4388197205`
## Borrower
- **Name:** J&M STEEL SOLUTIONS CASH BALANCE PLAN, INC.
- **Address:** 894 W State St, Lehi, UT, 84043-1021
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 116
## Lender
- **Originating:** Altabank, A Division of
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*