# PPP loan: REGIONAL UTILITY SERVICES INC
> **$645K** approved 04/07/2020 · Paid in Full · Loan `6865817008`
## Borrower
- **Name:** REGIONAL UTILITY SERVICES INC
- **Address:** 2400 Cannons Campground Road, SPARTANBURG, SC, 29307-2801
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $651K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Jobs reported:** 46
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*