PPP Loan information for Penkhus motor company

$1,612,135

Penkhus motor company was initially approved for PPP Loan of amount $1,612,135, the current approved amount is $1,612,135. The loan was approved on 04/06/2020 by The PNC Bank, National Association reported 140 jobs and $1,612,135 was used to fund payroll.

Penkhus motor company is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / Penkhus motor company

PENKHUS MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PENKHUS MOTOR COMPANY

Borrower Address

1101 MOTOR CITY DR

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80905-7312

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1612135.00

Current Approval Amount

1612135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80905-7312

CD

CO-05

Jobs Reported

140

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

403034.00

Payroll Proceed

1209101.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1635958.77

Forgiveness Date

09/22/2021

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