# PPP loan: NORTHWEST STEEL ERECTION INC.
> **$2.83M** approved 04/13/2020 · Paid in Full · Loan `4562867103`
## Borrower
- **Name:** NORTHWEST STEEL ERECTION INC.
- **Address:** 4100 SE Beisser Dr, GRIMES, IA, 50111-4970
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.83M
- **Initial approval:** $2.83M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.83M
- **Jobs reported:** 97
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*