# PPP loan: THOMAS STEEL INC
> **$548K** approved 04/06/2020 · Paid in Full · Loan `5726187004`
## Borrower
- **Name:** THOMAS STEEL INC
- **Address:** 221 SHEFFIELD STREET, BELLEVUE, OH, 44811-1530
- **NAICS:** 332311
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Mortgage interest:** $69K
- **Utilities:** $69K
- **Jobs reported:** 45
## Lender
- **Originating:** The Croghan Colonial Bank
- **Servicing:** The Croghan Colonial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*