# PPP loan: RESIDENTIAL STEEL SERVICES, LLC
> **$271K** approved 04/15/2020 · Paid in Full · Loan `8597237100`
## Borrower
- **Name:** RESIDENTIAL STEEL SERVICES, LLC
- **Address:** 500 Lee Road, Rochester, NY, 14606
- **NAICS:** 238990
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $18K
- **Utilities:** $4K
- **Health care:** $14K
- **Debt interest:** $3K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*