Pace Motor Lines INC & Subsidiary

$1,663,000 PPP Loan in Stratford, Connecticut

Loan Details

Loan Number
7403247101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,663,000
Current Approval
$1,610,300
Forgiveness Amount
$1,628,729
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pace Motor Lines INC & Subsidiary
Address
1425 Honeyspot Road Ext.
ZIP Code
06615-7114
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$19.0M
Rural/Urban
Urban
Congressional District
CT-03

Loan Use Breakdown

Payroll
$1,610,300

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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