# PPP loan: TEXAS STEEL INDUSTRIAL PLACING LLC
> **$1.25M** approved 04/27/2020 · Paid in Full · Loan `6107187206`
## Borrower
- **Name:** TEXAS STEEL INDUSTRIAL PLACING LLC
- **Address:** 2511 CYPRESS DR, DONNA, TX, 78537-8250
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $934K
- **Utilities:** $311K
- **Jobs reported:** 131
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*