# PPP loan: INDUSTRIAL RAILWAYS CO., INC.
> **$753K** approved 04/07/2020 · Paid in Full · Loan `6478777009`
## Borrower
- **Name:** INDUSTRIAL RAILWAYS CO., INC.
- **Address:** 675 East H. ST, BENICIA, CA, 94510
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $753K
- **Initial approval:** $753K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $753K
- **Jobs reported:** 38
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*