# PPP loan: KASGRO RAIL CORP ETAL
> **$780K** approved 04/27/2021 · Paid in Full · Loan `2504558909`
## Borrower
- **Name:** KASGRO RAIL CORP ETAL
- **Address:** 121 Rundle Rd, New Castle, PA, 16102-1913
- **NAICS:** 488210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $784K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $780K
- **Jobs reported:** 42
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*