# PPP loan: CAPITAL DISTRICT REGIONAL OFF-TRACK BETTING CORPORATION
> **$1.01M** approved 01/27/2021 · Paid in Full · Loan `6891908305`
## Borrower
- **Name:** CAPITAL DISTRICT REGIONAL OFF-TRACK BETTING CORPORATION
- **Address:** 1629 State St, Schenectady, NY, 12304-1516
- **NAICS:** 713290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** Trustco Bank
- **Servicing:** Trustco Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*