# PPP loan: CONTRACTORS STEEL COMPANY
> **$5.81M** approved 04/07/2020 · Paid in Full · Loan `7145387006`
## Borrower
- **Name:** CONTRACTORS STEEL COMPANY
- **Address:** 36555 Amrhein Rd, LIVONIA, MI, 48150-1101
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.81M
- **Initial approval:** $5.81M
- **Forgiven:** $5.88M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.81M
- **Jobs reported:** 431
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*