# PPP loan: WEST TEXAS STEEL & SUPPLY INC
> **$295K** approved 04/07/2020 · Paid in Full · Loan `6654077000`
## Borrower
- **Name:** WEST TEXAS STEEL & SUPPLY INC
- **Address:** 6617 US HIGHWAY 277, SAN ANGELO, TX, 76904-4199
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $74K
- **Jobs reported:** 22
## Lender
- **Originating:** Texas State Bank
- **Servicing:** Texas State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*