PPP Loan information for Marthaler automotive of marquette, inc

$498,300

Marthaler automotive of marquette, inc was initially approved for PPP Loan of amount $498,300, the current approved amount is $498,300. The loan was approved on 04/05/2020 by The Glenwood State Bank Incorporated reported 45 jobs and $498,300 was used to fund payroll.

Marthaler automotive of marquette, inc is New Business or 2 years or less

PPP Loan Search / MI / MARQUETTE / Marthaler automotive of marquette, inc

MARTHALER AUTOMOTIVE OF MARQUETTE, INC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARTHALER AUTOMOTIVE OF MARQUETTE, INC

Borrower Address

919 W BARAGA AVE

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-4028

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498300.00

Current Approval Amount

498300.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARQUETTE

Project County Name

MARQUETTE

Project State

MI

Project Zip

49855-4028

CD

MI-01

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

501945.10

Forgiveness Date

01/08/2021

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