# PPP loan: TK STEEL INC
> **$318K** approved 03/23/2021 · Paid in Full · Loan `7559178608`
## Borrower
- **Name:** TK STEEL INC
- **Address:** 57433 Nagy Dr, Elkhart, IN, 46517-1059
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*