PPP Loan information for Riggs machine & fabricating inc

$621,600

Riggs machine & fabricating inc was initially approved for PPP Loan of amount $621,600, the current approved amount is $621,600. The loan was approved on 03/12/2021 by The Community Trust Bank, Inc. reported 33 jobs and $621,600 was used to fund payroll.

Riggs machine & fabricating inc is Existing or more than 2 years old

PPP Loan Search / KY / Ashland / Riggs machine & fabricating inc

RIGGS MACHINE & FABRICATING INC

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RIGGS MACHINE & FABRICATING INC

Borrower Address

3850 Belford St

Borrower City

Ashland

Borrower State

KY

Borrower Zip

41101-3144

Loan Status Date

11/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

621600.00

Current Approval Amount

621600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

BOYD

Project State

KY

Project Zip

41101-3144

CD

KY-05

Jobs Reported

33

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

621598.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

625023.06

Forgiveness Date

10/06/2021

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