# PPP loan: TRUE STEEL CONSTRUCTION, LLC
> **$278K** approved 06/30/2020 · Charged Off · Loan `7015518006`
## Borrower
- **Name:** TRUE STEEL CONSTRUCTION, LLC
- **Address:** 124 POLK ST, NEWARK, NJ, 07105-2816
- **NAICS:** 423930
- **Business type:** Partnership
- **Business age:** Unanswered
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 29
## Lender
- **Originating:** Intuit Financing Inc.
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*