# PPP loan: STEEL MILL COMPONENTS INC.
> **$226K** approved 01/31/2021 · Paid in Full · Loan `9737548310`
## Borrower
- **Name:** STEEL MILL COMPONENTS INC.
- **Address:** 17000 Ecorse Rd, Allen Park, MI, 48101-2452
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*