# PPP loan: POCONO INTERNATIONAL RACEWAY, INC
> **$706K** approved 04/28/2020 · Paid in Full · Loan `7245307208`
## Borrower
- **Name:** POCONO INTERNATIONAL RACEWAY, INC
- **Address:** PO Box 500, LONG POND, PA, 18334-0500
- **NAICS:** 711212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $706K
- **Initial approval:** $706K
- **Forgiven:** $714K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Jobs reported:** 142
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*