PPP Loan information for Raceway management co inc

$1,112,575

Raceway management co inc was initially approved for PPP Loan of amount $1,112,575, the current approved amount is $1,112,575. The loan was approved on 01/23/2021 by The Peoples Security Bank and Trust Company reported 215 jobs and $1,112,575 was used to fund payroll.

Raceway management co inc is Existing or more than 2 years old

PPP Loan Search / PA / Scranton / Raceway management co inc

RACEWAY MANAGEMENT CO INC

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RACEWAY MANAGEMENT CO INC

Borrower Address

2227 Scranton Carbondale Hwy

Borrower City

Scranton

Borrower State

PA

Borrower Zip

18508-1151

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1112574.65

Current Approval Amount

1112574.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scranton

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18508-1151

CD

PA-08

Jobs Reported

215

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1112572.65

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

Subchapter S Corporation

Originating Lender Location Id

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1119991.81

Forgiveness Date

10/04/2021

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