PPP Loan information for Jennings automotive, inc.

$847,020

Jennings automotive, inc. was initially approved for PPP Loan of amount $847,020, the current approved amount is $847,020. The loan was approved on 04/15/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 65 jobs and $847,020 was used to fund payroll.

Jennings automotive, inc. is Existing or more than 2 years old

PPP Loan Search / PA / CHAMBERSBURG / Jennings automotive, inc.

JENNINGS AUTOMOTIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

JENNINGS AUTOMOTIVE, INC.

Borrower Address

916 Norland Avenue

Borrower City

CHAMBERSBURG

Borrower State

PA

Borrower Zip

17201-4203

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

847020.00

Current Approval Amount

847020.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMBERSBURG

Project County Name

FRANKLIN

Project State

PA

Project Zip

17201-4203

CD

PA-13

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

169404.00

Payroll Proceed

677616.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

852619.74

Forgiveness Date

12/15/2020

;