# PPP loan: ROYSTER'S MACHINE SHOP, LLC
> **$608K** approved 04/09/2020 · Paid in Full · Loan `9000217010`
## Borrower
- **Name:** ROYSTER'S MACHINE SHOP, LLC
- **Address:** 215 HWY 2084 South, HENDERSON, KY, 42420-8321
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $613K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Jobs reported:** 52
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*