PPP Loan information for Martel construction inc

$2,424,100

Martel construction inc was initially approved for PPP Loan of amount $2,424,100, the current approved amount is $2,424,100. The loan was approved on 04/07/2020 by The Glacier Bank reported 152 jobs and $2,424,100 was used to fund payroll.

Martel construction inc is Existing or more than 2 years old

MARTEL CONSTRUCTION INC

Date Approved

04/07/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

MARTEL CONSTRUCTION INC

Borrower Address

1203 S CHURCH AVE

Borrower City

BOZEMAN

Borrower State

MT

Borrower Zip

59715-5801

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2424100.00

Current Approval Amount

2424100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOZEMAN

Project County Name

GALLATIN

Project State

MT

Project Zip

59715-5801

CD

MT-01

Jobs Reported

152

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

242410.00

Payroll Proceed

1818075.00

Mortgage Interest Proceed

0.00

Rent Proceed

363615.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2461424.50

Forgiveness Date

10/29/2021

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