Date Approved
04/27/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
PACE RUNNERS, INC
Borrower Address
201 CAHABA VALLEY PKWY
Borrower City
PELHAM
Borrower State
AL
Borrower Zip
35124-1146
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2989000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434138
Servicing Lender Name
ServisFirst Bank
Servicing Lender Address
2500 Woodcrest Place
Servicing Lender City
BIRMINGHAM
Servicing Lender State
Servicing Lender Zip
35209-1374
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHELBY
Project State
Project Zip
CD
AL-06
Jobs Reported
265
NAICS Code
484110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
64000.00
Payroll Proceed
2477000.00
Mortgage Interest Proceed
Rent Proceed
386000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
62000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
3022211.11
Forgiveness Date
06/10/2021