# PPP loan: NELSON STEEL PRODUCTS, INC
> **$968K** approved 04/09/2020 · Paid in Full · Loan `9327937005`
## Borrower
- **Name:** NELSON STEEL PRODUCTS, INC
- **Address:** 410 East 48th Street, HOLLAND, MI, 49423-8535
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $968K
- **Initial approval:** $968K
- **Forgiven:** $975K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $968K
- **Jobs reported:** 87
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*