# PPP loan: REINFORCING STEEL SUPPLY INC
> **$996K** approved 04/07/2020 · Paid in Full · Loan `7465167009`
## Borrower
- **Name:** REINFORCING STEEL SUPPLY INC
- **Address:** 13730 Ave K, AUSTIN, TX, 78728-7603
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $996K
- **Initial approval:** $996K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $996K
- **Jobs reported:** 85
## 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*