PPP Loan Data — Pace Runners, Inc, Pelham, AL
Pace Runners, Inc is a corporation located at 201 Cahaba Valley Pkwy in Pelham, Alabama that received a Coronavirus-related PPP loan from the SBA of $2,989,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 265 people during the applicable loan loan period.
$ PPP Loan Information
Pace Runners, Inc received a Paycheck Protection Loan of $2.99M through SERVISFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pace Runners, Inc's total 2019 payroll expenses were approximately $14.35M in order to qualify for the PPP loan amount received.
Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $54,140 per employee1.
Business Information - Pace Runners, Inc in Pelham, AL
201 Cahaba Valley Pkwy
Pelham, AL 35124
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AL-06
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Pace Runners, Inc's reported 265 employees, and received an average PPP loan of $60,879, 98% lower than this company's loan of $2.99M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!