# PPP loan: PACELINE INC
> **$551K** approved 04/14/2020 · Paid in Full · Loan `6459167106`
## Borrower
- **Name:** PACELINE INC
- **Address:** 10737 INDEPENDENCE POINTE PKWY, MATTHEWS, NC, 28105-2885
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $541K (98%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 64
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*