# PPP loan: STANSTEEL CORPORATION
> **$436K** approved 04/14/2020 · Paid in Full · Loan `7243527102`
## Borrower
- **Name:** STANSTEEL CORPORATION
- **Address:** 12711 TOWNEPARK WAY, LOUISVILLE, KY, 40243-2388
- **NAICS:** 324121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $107K
- **Jobs reported:** 28
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*