# PPP loan: PIQUA STEEL CO.
> **$3.25M** approved 04/06/2020 · Paid in Full · Loan `6085987001`
## Borrower
- **Name:** PIQUA STEEL CO.
- **Address:** 4243 US ROUTE 36, PIQUA, OH, 45356-9334
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.25M
- **Initial approval:** $3.25M
- **Forgiven:** $3.25M (100%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.66M
- **Rent:** $62K
- **Utilities:** $35K
- **Health care:** $495K
- **Jobs reported:** 110
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*