# PPP loan: SAMPSON STEEL CORP
> **$268K** approved 04/14/2020 · Paid in Full · Loan `6121267104`
## Borrower
- **Name:** SAMPSON STEEL CORP
- **Address:** 210 S 4TH ST, BEAUMONT, TX, 77701-2605
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $300K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 22
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*