# PPP loan: RED STEEL CO
> **$247K** approved 04/08/2020 · Paid in Full · Loan `8158907000`
## Borrower
- **Name:** RED STEEL CO
- **Address:** PO Box 541536, DALLAS, TX, 75354-1536
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 21
## Lender
- **Originating:** Benchmark Bank
- **Servicing:** Benchmark Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*