# PPP loan: BLACKLANDS RAILROAD INC
> **$275K** approved 04/28/2020 · Paid in Full · Loan `7418327202`
## Borrower
- **Name:** BLACKLANDS RAILROAD INC
- **Address:** 641 CHURCH ST, SULPHUR SPRINGS, TX, 75482-2691
- **NAICS:** 488210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 17
## Lender
- **Originating:** Spring Hill State Bank
- **Servicing:** Spring Hill State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*