# PPP loan: BASDEN STEEL CORPORATION
> **$4.90M** approved 04/09/2020 · Paid in Full · Loan `9599837003`
## Borrower
- **Name:** BASDEN STEEL CORPORATION
- **Address:** 645 E Renfro, BURLESON, TX, 76028-4932
- **NAICS:** 332312
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.90M
- **Initial approval:** $4.90M
- **Forgiven:** $4.98M (102%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.90M
- **Jobs reported:** 385
## Lender
- **Originating:** Trinity Bank, National Association
- **Servicing:** Trinity Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*