Penske Buick Gmc Trucks INC

$645,064 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
2940157101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$645,064
Current Approval
$645,064
Forgiveness Amount
$655,690
Forgiveness Date
Dec 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Penske Buick Gmc Trucks INC
Address
100 South Museum Road
ZIP Code
19607-2426
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$645,064

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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