# PPP loan: KANKAKEE VALLEY STEEL, INC.
> **$185K** approved 04/08/2020 · Paid in Full · Loan `8033737004`
## Borrower
- **Name:** KANKAKEE VALLEY STEEL, INC.
- **Address:** 1151 MORTHLAND DR, VALPARAISO, IN, 46385-6251
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 25
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*