PPP Loan information for Martin automatic, inc.

$2,475,442

Martin automatic, inc. was initially approved for PPP Loan of amount $2,475,442, the current approved amount is $2,475,442. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 165 jobs and $2,475,442 was used to fund payroll.

Martin automatic, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Martin automatic, inc.

MARTIN AUTOMATIC, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARTIN AUTOMATIC, INC.

Borrower Address

1661 Northrock Court 0.0

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61103-1296

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2475442.00

Current Approval Amount

2475442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-1296

CD

IL-16

Jobs Reported

165

NAICS Code

333244

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36321.00

Payroll Proceed

1980354.00

Mortgage Interest Proceed

106000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

352767.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2507248.68

Forgiveness Date

07/27/2021

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