# PPP loan: REGIONAL STEEL PRODUCTS INC
> **$391K** approved 04/04/2021 · Paid in Full · Loan `6534058704`
## Borrower
- **Name:** REGIONAL STEEL PRODUCTS INC
- **Address:** 4853 US Highway 87 S, Victoria, TX, 77905-5593
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $391K
- **Initial approval:** $391K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $391K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*