# PPP loan: MIDWEST STEEL CO., INC.
> **$1.13M** approved 04/08/2020 · Paid in Full · Loan `8487537008`
## Borrower
- **Name:** MIDWEST STEEL CO., INC.
- **Address:** 9825 Moers Road, Houston, TX, 77075-3127
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 83
## Lender
- **Originating:** Lone Star Bank
- **Servicing:** Lone Star Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*