PPP Loan information for Race pace inc

$191,400

Race pace inc was initially approved for PPP Loan of amount $191,400, the current approved amount is $191,400. The loan was approved on 04/13/2020 by The Shore United Bank, National Association reported 24 jobs and $191,400 was used to fund payroll.

Race pace inc is Existing or more than 2 years old

RACE PACE INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RACE PACE INC

Borrower Address

1 RAILROAD AVE

Borrower City

WESTMINSTER

Borrower State

MD

Borrower Zip

21157-4819

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191400.00

Current Approval Amount

191400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTMINSTER

Project County Name

CARROLL

Project State

MD

Project Zip

21157-4819

CD

MD-02

Jobs Reported

24

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

191400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192941.69

Forgiveness Date

02/11/2021

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