# PPP loan: R & D STEEL ERECTORS LLC
> **$210K** approved 04/28/2020 · Paid in Full · Loan `1506237300`
## Borrower
- **Name:** R & D STEEL ERECTORS LLC
- **Address:** 308 Fleming Dr, FLEMING ISLAND, FL, 32003
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $214K (102%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1K
- **Jobs reported:** 32
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*