# PPP loan: OAKLEY STEEL PRODUCTS
> **$279K** approved 05/19/2020 · Paid in Full · Loan `8826897409`
## Borrower
- **Name:** OAKLEY STEEL PRODUCTS
- **Address:** 650 S. 28th Avenue, Bellwood, IL, 60104
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $283K (102%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 22
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*