# PPP loan: TRIAD STEEL SERVICES, INC.
> **$507K** approved 04/08/2020 · Paid in Full · Loan `8086127002`
## Borrower
- **Name:** TRIAD STEEL SERVICES, INC.
- **Address:** 16605 N. 28th Avenue-Suite 102, PHOENIX, AZ, 85053-7550
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Rent:** $33K
- **Utilities:** $5K
- **Health care:** $30K
- **Jobs reported:** 43
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*