PPP Loan information for Rust enterprises inc

$339,024

Rust enterprises inc was initially approved for PPP Loan of amount $339,024, the current approved amount is $339,024. The loan was approved on 01/17/2021 by The The Paducah Bank and Trust Company reported 56 jobs and $339,024 was used to fund payroll.

Rust enterprises inc is Existing or more than 2 years old

RUST ENTERPRISES INC

Date Approved

01/17/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RUST ENTERPRISES INC

Borrower Address

1001 Joe Clifton Dr

Borrower City

Paducah

Borrower State

KY

Borrower Zip

42001-3749

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339024.00

Current Approval Amount

339024.00

Undisbursed Amount

0.00

Franchise Name

Pizza Inn

Servicing Lender Location Id

27680

Servicing Lender Name

The Paducah Bank and Trust Company

Servicing Lender Address

555 Jefferson St

Servicing Lender City

PADUCAH

Servicing Lender State

KY

Servicing Lender Zip

42001-1088

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paducah

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42001-3749

CD

KY-01

Jobs Reported

56

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

339021.00

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

Corporation

Originating Lender Location Id

27680

Originating Lender

The Paducah Bank and Trust Company

Originating Lender City

PADUCAH

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

341829.08

Forgiveness Date

11/26/2021

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