# PPP loan: JC STEEL ERECTORS CORP.
> **$800K** approved 04/06/2020 · Paid in Full · Loan `6096767000`
## Borrower
- **Name:** JC STEEL ERECTORS CORP.
- **Address:** 1229 Lakeland avenue, BOHEMIA, NY, 11716-3302
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $719K
- **Forgiven:** $809K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $656K
- **Rent:** $144K
- **Jobs reported:** 127
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*