# PPP loan: RS MANUFACTURING INC.
> **$254K** approved 01/20/2021 · Paid in Full · Loan `2406778302`
## Borrower
- **Name:** RS MANUFACTURING INC.
- **Address:** 5728 204th St SW, Lynnwood, WA, 98036-7554
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*