# PPP loan: SAN JOAQUIN STEEL CO., INC.
> **$732K** approved 04/13/2020 · Paid in Full · Loan `5406347103`
## Borrower
- **Name:** SAN JOAQUIN STEEL CO., INC.
- **Address:** 2000 SANGUINETTI LN, STOCKTON, CA, 95205-3245
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $732K
- **Initial approval:** $732K
- **Forgiven:** $736K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Utilities:** $73K
- **Health care:** $82K
- **Jobs reported:** 38
## Lender
- **Originating:** BAC Community Bank
- **Servicing:** BAC Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*