# PPP loan: TECTONIX STEEL INC
> **$310K** approved 01/25/2021 · Paid in Full · Loan `5141018305`
## Borrower
- **Name:** TECTONIX STEEL INC
- **Address:** 2500 S Power Rd Ste 225, Mesa, AZ, 85209-6690
- **NAICS:** 541340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $317K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Horizon Community Bank
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*