# PPP loan: KINETIC STEEL CORP
> **$169K** approved 04/07/2020 · Paid in Full · Loan `7490237008`
## Borrower
- **Name:** KINETIC STEEL CORP
- **Address:** 20701 East 81st St, BROKEN ARROW, OK, 74014
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 13
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*