PPP Loan information for Marthaler automotive of michigan inc.

$302,200

Marthaler automotive of michigan inc. was initially approved for PPP Loan of amount $302,200, the current approved amount is $302,200. The loan was approved on 01/22/2021 by The Glenwood State Bank Incorporated reported 31 jobs and $302,200 was used to fund payroll.

Marthaler automotive of michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / Houghton / Marthaler automotive of michigan inc.

MARTHALER AUTOMOTIVE OF MICHIGAN INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MARTHALER AUTOMOTIVE OF MICHIGAN INC.

Borrower Address

1705 Memorial Rd

Borrower City

Houghton

Borrower State

MI

Borrower Zip

49931-2436

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302200.00

Current Approval Amount

302200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Houghton

Project County Name

HOUGHTON

Project State

MI

Project Zip

49931-2436

CD

MI-01

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302200.00

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

303971.80

Forgiveness Date

09/01/2021

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