FEDERAL STEEL AND ERECTION CO

Summary of PPP (Paycheck Protection Program) Loan approved to FEDERAL STEEL AND ERECTION CO by United Community Bank. The loan was approved on 4/04/2020 in the range of $2-5 million.

Business Information

Name:	FEDERAL STEEL AND ERECTION CO 206 E ALTON AVE EAST ALTON, IL 62024
Business type:	Corporation Fabricated Metal Product Manufacturing → Iron and Steel Forging
Non-profit:	No
Loan amount:	$2-5 million (50 Jobs retained)
Date approved:	April 04, 2020
Lender	United Community Bank

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.