# PPP loan: STEPLADDER CONSTRUCTION
> **$1.53M** approved 02/26/2021 · Charged Off · Loan `4705008500`
## Borrower
- **Name:** STEPLADDER CONSTRUCTION
- **Address:** 1174 Hibbard St, Detroit, MI, 48214-4309
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 72
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*