# PPP loan: ROYSTER'S MACHINE SHOP LLC
> **$565K** approved 02/18/2021 · Paid in Full · Loan `9936488406`
## Borrower
- **Name:** ROYSTER'S MACHINE SHOP LLC
- **Address:** 215 Hwy 2084 S, Henderson, KY, 42420-8321
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $565K
- **Utilities:** $1
- **Jobs reported:** 58
## 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*