# PPP loan: SHEPARD STEEL CO INC
> **$1.67M** approved 04/13/2020 · Paid in Full · Loan `5498257107`
## Borrower
- **Name:** SHEPARD STEEL CO INC
- **Address:** 110 MEADOW STREET, HARTFORD, CT, 06114-1505
- **NAICS:** 331513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Jobs reported:** 114
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*