# PPP loan: GT STEEL ERECTORS INC
> **$292K** approved 06/15/2020 · Paid in Full · Loan `5428247904`
## Borrower
- **Name:** GT STEEL ERECTORS INC
- **Address:** 200 WILLIE HOLT ROAD, DEATSVILLE, AL, 36022-4409
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $3K
- **Utilities:** $2K
- **Health care:** $12K
- **Jobs reported:** 28
## Lender
- **Originating:** AmeriFirst Bank
- **Servicing:** AmeriFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*