# PPP loan: RED CEDAR STEEL SOUTHWEST, INC.
> **$1.93M** approved 04/27/2020 · Paid in Full · Loan `5118337204`
## Borrower
- **Name:** RED CEDAR STEEL SOUTHWEST, INC.
- **Address:** 1540 W. HATCHER ROAD, PHOENIX, AZ, 85021
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.93M
- **Jobs reported:** 71
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*