# PPP loan: RUTT'S HEATING AND AIR CONDITIONING INC
> **$1.20M** approved 01/19/2021 · Paid in Full · Loan `1594898305`
## Borrower
- **Name:** RUTT'S HEATING AND AIR CONDITIONING INC
- **Address:** 1001 W 1st St, Hastings, NE, 68901-5066
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 104
## Lender
- **Originating:** Five Points Bank of Hastings
- **Servicing:** Five Points Bank of Hastings (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*