PPP Loan information for Marthaler automotive of michigan, inc.

$310,600

Marthaler automotive of michigan, inc. was initially approved for PPP Loan of amount $310,600, the current approved amount is $310,600. The loan was approved on 04/05/2020 by The Glenwood State Bank Incorporated reported 32 jobs and $310,600 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

04/05/2020

SBA Office Code

0515

Processing Method

PPP

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

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310600.00

Current Approval Amount

310600.00

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

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310600.00

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

312872.06

Forgiveness Date

01/08/2021

;