# PPP loan: RACEWAY HOSPITALITY LLC
> **$261K** approved 01/26/2021 · Paid in Full · Loan `5972018306`
## Borrower
- **Name:** RACEWAY HOSPITALITY LLC
- **Address:** 2227 Scranton Carbondale Hwy, Scranton, PA, 18508-1151
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 33
## 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*