# PPP loan: ENGINEERED STEEL PRODUCTS LLC
> **$792K** approved 04/06/2020 · Paid in Full · Loan `6198887002`
## Borrower
- **Name:** ENGINEERED STEEL PRODUCTS LLC
- **Address:** 4977 Plainfield Rd, SOPHIA, NC, 27350-8895
- **NAICS:** 332311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $792K
- **Initial approval:** $792K
- **Forgiven:** $799K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $734K
- **Rent:** $44K
- **Utilities:** $15K
- **Jobs reported:** 72
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*