# PPP loan: VALLEY RAILROAD COMPANY THE
> **$668K** approved 02/02/2021 · Paid in Full · Loan `1752558402`
## Borrower
- **Name:** VALLEY RAILROAD COMPANY THE
- **Address:** 1 Railroad Ave, Essex, CT, 06426-1516
- **NAICS:** 485111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $668K
- **Initial approval:** $668K
- **Forgiven:** $674K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $668K
- **Jobs reported:** 134
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*