# PPP loan: NORTHWEST STEEL & PIPE, INC.
> **$1.25M** approved 04/14/2020 · Paid in Full · Loan `5808097103`
## Borrower
- **Name:** NORTHWEST STEEL & PIPE, INC.
- **Address:** 4802 S Proctor, TACOMA, WA, 98409
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $941K
- **Utilities:** $314K
- **Jobs reported:** 76
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*