# PPP loan: NEW CASTLE STAINLESS PLATE, LLC
> **$1.84M** approved 04/06/2020 · Paid in Full · Loan `5773397000`
## Borrower
- **Name:** NEW CASTLE STAINLESS PLATE, LLC
- **Address:** 549 W STATE ROAD 38, NEW CASTLE, IN, 47362-9786
- **NAICS:** 331513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $216K
- **Utilities:** $200K
- **Jobs reported:** 96
## Lender
- **Originating:** Bank of Pontiac
- **Servicing:** Bank of Pontiac (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*