# PPP loan: DAVID R. RYKBOST CORP.
> **$294K** approved 05/01/2020 · Paid in Full · Loan `8574367308`
## Borrower
- **Name:** DAVID R. RYKBOST CORP.
- **Address:** 469 RIVER RD, HUDSON, MA, 01749-2665
- **NAICS:** 541320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Mortgage interest:** $2K
- **Utilities:** $2K
- **Jobs reported:** 34
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*