PPP Loan information for Ruston paving co inc

$2,737,882

Ruston paving co inc was initially approved for PPP Loan of amount $2,737,883, the current approved amount is $2,737,882. The loan was approved on 04/30/2020 by The Truist Bank reported 189 jobs and $2,737,882 was used to fund payroll.

Ruston paving co inc is Existing or more than 2 years old

RUSTON PAVING CO INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RUSTON PAVING CO INC

Borrower Address

3874 S ALSTON AVE SUITE 101

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27713-1882

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2737883.00

Current Approval Amount

2737882.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27713-1882

CD

NC-04

Jobs Reported

189

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2737882.29

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2771497.40

Forgiveness Date

08/02/2021

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