# PPP loan: CLAD-REX STEEL, LLC
> **$366K** approved 04/14/2020 · Paid in Full · Loan `5772017109`
## Borrower
- **Name:** CLAD-REX STEEL, LLC
- **Address:** 11500 King Street, Franklin Park, IL, 60131-1310
- **NAICS:** 332812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Rent:** $29K
- **Utilities:** $27K
- **Jobs reported:** 39
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*