# PPP loan: REGIONAL STEEL PRODUCTS INC
> **$152K** approved 04/09/2020 · Paid in Full · Loan `9057187004`
## Borrower
- **Name:** REGIONAL STEEL PRODUCTS INC
- **Address:** 4534 MCCRARY RD, SEMMES, AL, 36575-4438
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $5K
- **Mortgage interest:** $3K
- **Utilities:** $4K
- **Jobs reported:** 20
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*