# PPP loan: STEEL INSULATORS GROUP LLC
> **$720K** approved 01/30/2021 · Paid in Full · Loan `8910538307`
## Borrower
- **Name:** STEEL INSULATORS GROUP LLC
- **Address:** 1520 Industrial Park Rd, Nederland, TX, 77627-3118
- **NAICS:** 238310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $723K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $720K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** First State Bank of Texas
- **Servicing:** First State Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*