# PPP loan: INDUSTRIAL STEEL TREATING CO.
> **$1.26M** approved 04/13/2020 · Paid in Full · Loan `5174767100`
## Borrower
- **Name:** INDUSTRIAL STEEL TREATING CO.
- **Address:** 613 CARROLL AVE, JACKSON, MI, 49202-3169
- **NAICS:** 332811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Mortgage interest:** $251K
- **Jobs reported:** 93
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*