# PPP loan: RACINE RAILROAD PRODUCTS INC.
> **$804K** approved 01/23/2021 · Paid in Full · Loan `4650438306`
## Borrower
- **Name:** RACINE RAILROAD PRODUCTS INC.
- **Address:** 1955 Norwood Ct, Racine, WI, 53403-3875
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $804K
- **Initial approval:** $804K
- **Forgiven:** $810K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $804K
- **Jobs reported:** 55
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*