# PPP loan: STEEL TRADING COMPANY OF AMERICA INC
> **$369K** approved 06/26/2020 · Paid in Full · Loan `4931678010`
## Borrower
- **Name:** STEEL TRADING COMPANY OF AMERICA INC
- **Address:** 5800 5TH STREET, KATY, TX, 77493-1918
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $369K
- **Jobs reported:** 17
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*