PPP Loan information for Penske buick gmc trucks inc

$645,064

Penske buick gmc trucks inc was initially approved for PPP Loan of amount $645,064, the current approved amount is $645,064. The loan was approved on 04/11/2020 by The Ally Bank reported 56 jobs and $645,064 was used to fund payroll.

Penske buick gmc trucks inc is Existing or more than 2 years old

PPP Loan Search / PA / READING / Penske buick gmc trucks inc

PENSKE BUICK GMC TRUCKS INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENSKE BUICK GMC TRUCKS INC

Borrower Address

100 South Museum Road

Borrower City

READING

Borrower State

PA

Borrower Zip

19607-2426

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

645064.00

Current Approval Amount

645064.00

Undisbursed Amount

0.00

Franchise Name

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

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

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19607-2426

CD

PA-06

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645064.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

655689.64

Forgiveness Date

12/08/2021

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