# PPP loan: MICHELMANN STEEL CONSTRUCTION COMPANY
> **$355K** approved 04/05/2020 · Paid in Full · Loan `5200147009`
## Borrower
- **Name:** MICHELMANN STEEL CONSTRUCTION COMPANY
- **Address:** 137 North 2ND ST, QUINCY, IL, 62301-2907
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 28
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*