Jennings Automotive, Inc.

$847,020 PPP Loan in Chambersburg, Pennsylvania

Loan Details

Loan Number
8737127105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$847,020
Current Approval
$847,020
Forgiveness Amount
$852,620
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jennings Automotive, Inc.
Address
916 Norland Avenue
ZIP Code
17201-4203
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
65
Estimated Revenue
$16.4M
Rural/Urban
Rural
Congressional District
PA-13

Loan Use Breakdown

Payroll
$677,616
Utilities
$169,404

Lender Information

Servicing Lender
Farmers and Merchants Trust Company of Chambersburg
Originating Lender
Farmers and Merchants Trust Company of Chambersburg

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