# PPP loan: RAILROAD MATERIALS SALVAGE, INC
> **$530K** approved 04/13/2020 · Paid in Full · Loan `4567537108`
## Borrower
- **Name:** RAILROAD MATERIALS SALVAGE, INC
- **Address:** 10100 N Ambassador, Ste 105, KANSAS CITY, MO, 64153
- **NAICS:** 488210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 5
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*