# PPP loan: BENCHMARK STEEL INC
> **$1.03M** approved 04/13/2020 · Paid in Full · Loan `4846707103`
## Borrower
- **Name:** BENCHMARK STEEL INC
- **Address:** 1591 Shelton Dr. #200, HOLLISTER, CA, 95023-9404
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $956K
- **Rent:** $28K
- **Utilities:** $7K
- **Health care:** $30K
- **Jobs reported:** 33
## 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*