# PPP loan: NATIONAL MUSEUM OF RACING INC.
> **$196K** approved 01/23/2021 · Paid in Full · Loan `4851978300`
## Borrower
- **Name:** NATIONAL MUSEUM OF RACING INC.
- **Address:** 191 Union Ave, Saratoga Springs, NY, 12866-3513
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*