# PPP loan: RUDD EQUIPMENT COMPANY INC.
> **$6.87M** approved 04/10/2020 · Paid in Full · Loan `1634177104`
## Borrower
- **Name:** RUDD EQUIPMENT COMPANY INC.
- **Address:** 4344 Poplar Level Road 0.0, Louisville, KY, 40213-1841
- **NAICS:** 423810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.87M
- **Initial approval:** $6.87M
- **Forgiven:** $6.95M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.87M
- **Health care:** $1.00M
- **Jobs reported:** 343
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*