Pennington Auto Group LLC

$238,215 PPP Loan in Newton, Illinois

Loan Details

Loan Number
3014167110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$238,215
Current Approval
$238,215
Forgiveness Amount
$241,217
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pennington Auto Group LLC
Address
807 S Van Buren St
City
Newton
ZIP Code
62448-1724
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$220,349
Rent
$5,955
Utilities
$5,955
Debt Interest
$5,956

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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