# PPP loan: MIDWEST STEEL, INC
> **$10.00M** approved 04/09/2020 · Paid in Full · Loan `9284617002`
## Borrower
- **Name:** MIDWEST STEEL, INC
- **Address:** 2525 E GRAND BLVD, DETROIT, MI, 48211-2001
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $7.74M (77%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 447
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*