# PPP loan: E & H STEEL CORPORATION
> **$635K** approved 04/08/2020 · Paid in Full · Loan `7937837008`
## Borrower
- **Name:** E & H STEEL CORPORATION
- **Address:** 3635 E. HWY 134, MIDLAND CITY, AL, 36350-0000
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $640K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $481K
- **Rent:** $114K
- **Utilities:** $21K
- **Debt interest:** $19K
- **Jobs reported:** 68
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*