Pace Runners, INC
$2,989,000 PPP Loan in Pelham, Alabama
Loan Details
- Loan Number
- 4040247206
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,989,000
- Current Approval
- $2,989,000
- Forgiveness Amount
- $3,022,211
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pace Runners, INC
- Address
- 201 Cahaba Valley Pkwy
- City
- Pelham
- State
- Alabama
- ZIP Code
- 35124-1146
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 265
- Estimated Revenue
- $40.1M
- Rural/Urban
- Urban
- Congressional District
- AL-06
Loan Use Breakdown
- Payroll
- $2,477,000
- Rent
- $386,000
- Utilities
- $64,000
- Debt Interest
- $62,000
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
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