PPP Loan information for Penn auto group llc

$283,475

Penn auto group llc was initially approved for PPP Loan of amount $283,475, the current approved amount is $283,475. The loan was approved on 04/10/2020 by The Ally Bank reported 24 jobs and $283,475 was used to fund payroll.

Penn auto group llc is Existing or more than 2 years old

PENN AUTO GROUP LLC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENN AUTO GROUP LLC

Borrower Address

1211 Hanover Avenu

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18109-2016

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283475.00

Current Approval Amount

283475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-2016

CD

PA-07

Jobs Reported

24

NAICS Code

441120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283475.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286790.08

Forgiveness Date

06/15/2021

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