# PPP loan: AMERICAN STEEL & SUPPLY INC.
> **$257K** approved 04/06/2020 · Paid in Full · Loan `5772507005`
## Borrower
- **Name:** AMERICAN STEEL & SUPPLY INC.
- **Address:** 8900 IH 37 Access Rd A, CORPUS CHRISTI, TX, 78409-3103
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 20
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*