PPP Loan information for Pace motor lines inc & subsidiary

$1,610,300

Pace motor lines inc & subsidiary was initially approved for PPP Loan of amount $1,663,000, the current approved amount is $1,610,300. The loan was approved on 04/14/2020 by The Newtek Small Business Finance, Inc. reported 126 jobs and $1,610,300 was used to fund payroll.

Pace motor lines inc & subsidiary is Existing or more than 2 years old

PACE MOTOR LINES INC & SUBSIDIARY

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PACE MOTOR LINES INC & SUBSIDIARY

Borrower Address

1425 Honeyspot Road Ext.

Borrower City

STRATFORD

Borrower State

CT

Borrower Zip

06615-7114

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1663000.00

Current Approval Amount

1610300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STRATFORD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06615-7114

CD

CT-03

Jobs Reported

126

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1610300.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1628728.99

Forgiveness Date

06/15/2021

;