# PPP loan: PIONEER STEEL, INC.
> **$186K** approved 04/08/2020 · Paid in Full · Loan `8680417009`
## Borrower
- **Name:** PIONEER STEEL, INC.
- **Address:** 15803 S MEMORIAL DR, BIXBY, OK, 74008-4117
- **NAICS:** 331222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $12K
- **Utilities:** $9K
- **Debt interest:** $26K
- **Jobs reported:** 15
## Lender
- **Originating:** Mabrey Bank
- **Servicing:** Mabrey Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*