# PPP loan: PALMER STEEL SUPPLIES INC
> **$914K** approved 01/23/2021 · Paid in Full · Loan `4436658301`
## Borrower
- **Name:** PALMER STEEL SUPPLIES INC
- **Address:** 4300 Acapulco Ave, McAllen, TX, 78503-8823
- **NAICS:** 332311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $914K
- **Initial approval:** $914K
- **Forgiven:** $919K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $914K
- **Jobs reported:** 131
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*