# PPP loan: CHARTER STEEL TRADING CO INC
> **$1.20M** approved 04/06/2020 · Paid in Full · Loan `6026007000`
## Borrower
- **Name:** CHARTER STEEL TRADING CO INC
- **Address:** 4401 W ROOSEVELT RD, CHICAGO, IL, 60624-3841
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 103
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*