# PPP loan: CARRARA STEEL ERECTORS INC.
> **$354K** approved 02/26/2021 · Exemption 4 · Loan `4843368501`
## Borrower
- **Name:** CARRARA STEEL ERECTORS INC.
- **Address:** 1717 Gaskell Ave, Erie, PA, 16503-2429
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $333K (94%)
- **Forgiveness date:** 06/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $354K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*