PPP Loan information for Royster's machine shop, llc

$607,875

Royster's machine shop, llc was initially approved for PPP Loan of amount $607,875, the current approved amount is $607,875. The loan was approved on 04/09/2020 by The Independence Bank of Kentucky reported 52 jobs and $607,875 was used to fund payroll.

Royster's machine shop, llc is Existing or more than 2 years old

ROYSTER'S MACHINE SHOP, LLC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ROYSTER'S MACHINE SHOP, LLC

Borrower Address

215 HWY 2084 South

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42420-8321

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607875.00

Current Approval Amount

607875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42420-8321

CD

KY-01

Jobs Reported

52

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

607875.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

612588.11

Forgiveness Date

01/25/2021

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