# PPP loan: JENKINS IRON AND STEEL, INC.
> **$537K** approved 04/04/2020 · Paid in Full · Loan `4954967010`
## Borrower
- **Name:** JENKINS IRON AND STEEL, INC.
- **Address:** 22401 County 36, LONG PRAIRIE, MN, 56347-4988
- **NAICS:** 331221
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Rent:** $10K
- **Utilities:** $24K
- **Jobs reported:** 57
## Lender
- **Originating:** American Heritage National Bank
- **Servicing:** American Heritage National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*