# PPP loan: PACE TRANSPORTATION INC
> **$299K** approved 01/20/2021 · Paid in Full · Loan `2283398305`
## Borrower
- **Name:** PACE TRANSPORTATION INC
- **Address:** 123 Armstrong Rd, Pittston, PA, 18640-9640
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*