# PPP loan: BAY RAIL CRANE SERVICE INC
> **$178K** approved 04/14/2020 · Paid in Full · Loan `6814647103`
## Borrower
- **Name:** BAY RAIL CRANE SERVICE INC
- **Address:** 11-02 43rd Ave, LONG ISLAND CITY, NY, 11101
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 8
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*