# PPP loan: SILVER RAIL ASSOC. INC.
> **$611K** approved 04/09/2020 · Paid in Full · Loan `9580147008`
## Borrower
- **Name:** SILVER RAIL ASSOC. INC.
- **Address:** 32 East 31st Street 11th Floor, New York, NY, 10016-6881
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Rent:** $35K
- **Utilities:** $4K
- **Health care:** $83K
- **Jobs reported:** 37
## 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*