PPP Loan information for Jennings automotive inc.

$900,030

Jennings automotive inc. was initially approved for PPP Loan of amount $900,030, the current approved amount is $900,030. The loan was approved on 01/28/2021 by The Farmers and Merchants Trust Company of Chambersburg reported 85 jobs and $900,030 was used to fund payroll.

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

JENNINGS AUTOMOTIVE INC.

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

JENNINGS AUTOMOTIVE INC.

Borrower Address

916 Norland Ave

Borrower City

Chambersburg

Borrower State

PA

Borrower Zip

17201-4203

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

900030.00

Current Approval Amount

900030.00

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

85

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900030.00

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

904455.15

Forgiveness Date

07/30/2021

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