# PPP loan: RUSSELL PLYWOOD INC
> **$527K** approved 04/10/2020 · Paid in Full · Loan `2574467110`
## Borrower
- **Name:** RUSSELL PLYWOOD INC
- **Address:** 401 Old Wyomissing Road, READING, PA, 19611
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Utilities:** $23K
- **Health care:** $89K
- **Debt interest:** $718
- **Jobs reported:** 49
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*