# PPP loan: HANLEY STEEL, INC.
> **$351K** approved 04/14/2020 · Paid in Full · Loan `6924987101`
## Borrower
- **Name:** HANLEY STEEL, INC.
- **Address:** 8811 N Industrial Rd, PEORIA, IL, 61615
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $88K
- **Jobs reported:** 26
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*