# PPP loan: AGATE STEEL, INC.
> **$701K** approved 04/13/2020 · Paid in Full · Loan `4803147101`
## Borrower
- **Name:** AGATE STEEL, INC.
- **Address:** 2403 N COUNTRY CLUB DR, SCOTTSDALE, AZ, 85256-4501
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $701K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $670K
- **Rent:** $7K
- **Utilities:** $9K
- **Debt interest:** $16K
- **Jobs reported:** 70
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*