# PPP loan: KING STEEL INC
> **$726K** approved 04/07/2020 · Paid in Full · Loan `7003887008`
## Borrower
- **Name:** KING STEEL INC
- **Address:** 353 SWANSON DR, LAWRENCEVILLE, GA, 30043-8533
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $726K
- **Initial approval:** $726K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $726K
- **Jobs reported:** 54
## Lender
- **Originating:** The Piedmont Bank
- **Servicing:** The Piedmont Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*