# PPP loan: PACE COMMUNICATIONS, INC.
> **$3.78M** approved 04/10/2020 · Paid in Full · Loan `1766167103`
## Borrower
- **Name:** PACE COMMUNICATIONS, INC.
- **Address:** 1301 CAROLINA ST, GREENSBORO, NC, 27401-1001
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.78M
- **Initial approval:** $3.78M
- **Forgiven:** $3.83M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.78M
- **Jobs reported:** 227
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*