Bill Penney Motor Company INC
$1,868,600 PPP Loan in Huntsville, Alabama
Loan Details
- Loan Number
- 5354627003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,868,600
- Current Approval
- $1,868,600
- Forgiveness Amount
- $1,880,954
- Forgiveness Date
- Dec 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bill Penney Motor Company INC
- Address
- 4808 University Dr
- City
- Huntsville
- State
- Alabama
- ZIP Code
- 35816-1808
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 197
- Estimated Revenue
- $49.6M
- Rural/Urban
- Urban
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $1,630,500
- Rent
- $98,200
- Utilities
- $16,900
- Mortgage Interest
- $12,900
- Debt Interest
- $110,100
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
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|---|---|---|
| Yorktown Systems Group INC | $10,000,000 |  Research |
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| Pinnacle Solutions, Inc. | $6,032,500 | Research |
| Alliance Hr, INC | $5,891,100 | Research |
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