# PPP loan: METRO STEEL ERECTORS INC
> **$541K** approved 04/27/2020 · Paid in Full · Loan `5547567201`
## Borrower
- **Name:** METRO STEEL ERECTORS INC
- **Address:** 289 SCHOLES ST, BROOKLYN, NY, 11206
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Jobs reported:** 41
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*