# PPP loan: STEEL SERVICES ENTERPRISES, INC.
> **$220K** approved 07/27/2020 · Paid in Full · Loan `8877228109`
## Borrower
- **Name:** STEEL SERVICES ENTERPRISES, INC.
- **Address:** 17500 S Paxton Ave, LANSING, IL, 60438
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $55K
- **Jobs reported:** 23
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*