# PPP loan: R&S STEEL LLC
> **$263K** approved 04/13/2020 · Paid in Full · Loan `4970747101`
## Borrower
- **Name:** R&S STEEL LLC
- **Address:** 412 CANAL ST, ROME, NY, 13440-6835
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 21
## Lender
- **Originating:** Solvay Bank
- **Servicing:** Solvay Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*