# PPP loan: TORCH STEEL PROCESSING LLC
> **$446K** approved 03/20/2021 · Paid in Full · Loan `4797408607`
## Borrower
- **Name:** TORCH STEEL PROCESSING LLC
- **Address:** 24601 Vreeland Rd 24601 Vreeland Rd, Flat Rock, MI, 48134-9687
- **NAICS:** 331513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Utilities:** $1
- **Jobs reported:** 142
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*