# PPP loan: RUTT'S HEATING AND AIR CONDITIONING INC
> **$1.07M** approved 04/04/2020 · Paid in Full · Loan `4919817005`
## Borrower
- **Name:** RUTT'S HEATING AND AIR CONDITIONING INC
- **Address:** 1001 West 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:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 114
## 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*