# PPP loan: ROCKIT TRUCKING INC
> **$255K** approved 05/11/2020 · Paid in Full · Loan `5028927407`
## Borrower
- **Name:** ROCKIT TRUCKING INC
- **Address:** 800 S Park Road, ELIZABETHTOWN, KY, 42701
- **NAICS:** 484220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 23
## Lender
- **Originating:** Magnolia Bank Incorporated
- **Servicing:** Magnolia Bank Incorporated (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*