# PPP loan: RACE CITY , INC
> **$153K** approved 04/28/2020 · Paid in Full · Loan `7333137205`
## Borrower
- **Name:** RACE CITY , INC
- **Address:** 9523 Front Beach, PANAMA CITY, FL, 32408
- **NAICS:** 713120
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $153K
- **Initial approval:** $296K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $31K
- **Jobs reported:** 240
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*