# PPP loan: RAILROAD AVENUE COLLISION INC.
> **$650K** approved 01/22/2021 · Paid in Full · Loan `4124348303`
## Borrower
- **Name:** RAILROAD AVENUE COLLISION INC.
- **Address:** 21 Railroad Ave, Valley Stream, NY, 11580-6030
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $653K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $650K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*