Raceway Restaurants INC

$1,060,700 PPP Loan in Scranton, Pennsylvania

Loan Details

Loan Number
4542167010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,060,700
Current Approval
$1,060,700
Forgiveness Amount
$1,068,891
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raceway Restaurants INC
Address
2227 Scranton Carbondale Hwy
ZIP Code
18508-1151
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$44.4M
Rural/Urban
Urban
Congressional District
PA-08

Loan Use Breakdown

Payroll
$1,060,700

Lender Information

Servicing Lender
Peoples Security Bank and Trust Company
Originating Lender
Peoples Security Bank and Trust Company

Other PPP Loans in Scranton, PA

BusinessApproved
Allied Services Skilled Nursing Center$4,432,138NewBizBotAI Deep Dive
The Wright Center for Graduate Medical Education$3,643,800NewBizBotAI Deep Dive
L.r. Costanzo Co. INC$3,618,700NewBizBotAI Deep Dive
Lackawanna College$3,095,000NewBizBotAI Deep Dive
The Scranton Times LP$3,075,117NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free