# PPP loan: ALADDIN STEEL, INC.
> **$839K** approved 04/08/2020 · Paid in Full · Loan `8843287002`
## Borrower
- **Name:** ALADDIN STEEL, INC.
- **Address:** 18743 Route 16 PO Box 89, GILLESPIE, IL, 62033-3393
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $839K
- **Initial approval:** $839K
- **Forgiven:** $846K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $629K
- **Utilities:** $52K
- **Debt interest:** $157K
- **Jobs reported:** 57
## Lender
- **Originating:** The First National Bank of Litchfield
- **Servicing:** The First National Bank of Litchfield (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*