# PPP loan: BEE STEEL INC.
> **$805K** approved 01/23/2021 · Paid in Full · Loan `4713628302`
## Borrower
- **Name:** BEE STEEL INC.
- **Address:** 2090 Celebration Dr NE Ste 209, Grand Rapids, MI, 49525-9200
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $805K
- **Initial approval:** $805K
- **Forgiven:** $813K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $804K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*