# PPP loan: RUSSELLVILLE STEEL COMPANY INC.
> **$632K** approved 03/24/2021 · Paid in Full · Loan `7908028608`
## Borrower
- **Name:** RUSSELLVILLE STEEL COMPANY INC.
- **Address:** 280 Steel City Ln, Russellville, AR, 72802-8975
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $632K
- **Jobs reported:** 75
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*