# PPP loan: RUST ENTERPRISES, INC.
> **$242K** approved 04/03/2020 · Paid in Full · Loan `4542017000`
## Borrower
- **Name:** RUST ENTERPRISES, INC.
- **Address:** 1001 JOE CLIFTON DR, PADUCAH, KY, 42001-3749
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Utilities:** $7K
- **Jobs reported:** 53
## Lender
- **Originating:** The Paducah Bank and Trust Company
- **Servicing:** The Paducah Bank and Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*