# PPP loan: MARVELLA STEEL PLACERS
> **$272K** approved 06/16/2020 · Paid in Full · Loan `6982247906`
## Borrower
- **Name:** MARVELLA STEEL PLACERS
- **Address:** 8736 RAMONA ST, BELLFLOWER, CA, 90706-7714
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 20
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*