# PPP loan: RAIL SERVICES, INC
> **$281K** approved 04/14/2020 · Paid in Full · Loan `7287327103`
## Borrower
- **Name:** RAIL SERVICES, INC
- **Address:** 646 Gary Johnson Lane, Calvert City, KY, 42029
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Jobs reported:** 34
## Lender
- **Originating:** First Southern National Bank
- **Servicing:** First Southern National Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*