# PPP loan: THE STEEL METHOD LLC
> **$238K** approved 01/26/2021 · Paid in Full · Loan `5942438302`
## Borrower
- **Name:** THE STEEL METHOD LLC
- **Address:** 250 Passaic Ave Ste 200, Fairfield, NJ, 07004-2518
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 17
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*