# PPP loan: STEEL MART LLC
> **$377K** approved 04/13/2020 · Paid in Full · Loan `5497747110`
## Borrower
- **Name:** STEEL MART LLC
- **Address:** 215 S 28TH STREET PO BOX 446, ELWOOD, IN, 46036-0446
- **NAICS:** 331210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Rent:** $15K
- **Utilities:** $36K
- **Jobs reported:** 40
## Lender
- **Originating:** Citizens State Bank of New Castle
- **Servicing:** Citizens State Bank of New Castle (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*