# PPP loan: GENERAL RUBBER AND PLASTICS COMPANY, INC.
> **$548K** approved 04/07/2020 · Paid in Full · Loan `6523327003`
## Borrower
- **Name:** GENERAL RUBBER AND PLASTICS COMPANY, INC.
- **Address:** 1016 MAJAUN RD, LEXINGTON, KY, 40511-1151
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Rent:** $69K
- **Utilities:** $68K
- **Jobs reported:** 51
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*