# PPP loan: NEVADA RAILROAD MATERIALS INC
> **$604K** approved 02/12/2021 · Paid in Full · Loan `7923818400`
## Borrower
- **Name:** NEVADA RAILROAD MATERIALS INC
- **Address:** 45 Clark Crossing Road, TUBAC, AZ, 85646-0056
- **NAICS:** 423860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $604K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*