# PPP loan: AVOCA RAIL PRODUCTS INC.
> **$170K** approved 01/21/2021 · Paid in Full · Loan `2905808303`
## Borrower
- **Name:** AVOCA RAIL PRODUCTS INC.
- **Address:** 205 Clark Rd, Duryea, PA, 18642-1112
- **NAICS:** 336999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 18
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*