# PPP loan: APOLLO STEEL CORPORATION
> **$1.17M** approved 04/15/2020 · Paid in Full · Loan `8506827106`
## Borrower
- **Name:** APOLLO STEEL CORPORATION
- **Address:** 4800 Wilton Ave, Niagara Falls, NY, 14304
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $957K
- **Utilities:** $14K
- **Health care:** $194K
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*