# PPP loan: JENNINGS AUTOMOTIVE INC.
> **$900K** approved 01/28/2021 · Paid in Full · Loan `7234858308`
## Borrower
- **Name:** JENNINGS AUTOMOTIVE INC.
- **Address:** 916 Norland Ave, Chambersburg, PA, 17201-4203
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $904K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 85
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*