# PPP loan: PERFECT STEEL SOLUTIONS CO.
> **$330K** approved 04/05/2020 · Paid in Full · Loan `5159537005`
## Borrower
- **Name:** PERFECT STEEL SOLUTIONS CO.
- **Address:** 4007 ENGLETON DR, FORT WAYNE, IN, 46804-3161
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $389K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $279K
- **Rent:** $16K
- **Utilities:** $10K
- **Health care:** $7K
- **Debt interest:** $18K
- **Jobs reported:** 33
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*