PPP Loan information for Raceway restaurants inc

$1,060,700

Raceway restaurants inc was initially approved for PPP Loan of amount $1,060,700, the current approved amount is $1,060,700. The loan was approved on 04/03/2020 by The Peoples Security Bank and Trust Company reported 250 jobs and $1,060,700 was used to fund payroll.

Raceway restaurants inc is Existing or more than 2 years old

PPP Loan Search / PA / SCRANTON / Raceway restaurants inc

RACEWAY RESTAURANTS INC

Date Approved

04/03/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

RACEWAY RESTAURANTS INC

Borrower Address

2227 Scranton carbondale hwy

Borrower City

SCRANTON

Borrower State

PA

Borrower Zip

18508-1151

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1060700.00

Current Approval Amount

1060700.00

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

250

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1060700.00

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

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

1068890.96

Forgiveness Date

01/14/2021

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