# PPP loan: RICHARDSON STEEL INC
> **$291K** approved 01/23/2021 · Paid in Full · Loan `4606148305`
## Borrower
- **Name:** RICHARDSON STEEL INC
- **Address:** 9102 Harness St, Spring Valley, CA, 91977-3910
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 20
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*