PPP Loan information for Martin automotive group inc

$406,585

Martin automotive group inc was initially approved for PPP Loan of amount $406,585, the current approved amount is $406,585. The loan was approved on 04/14/2020 by The First Horizon Bank reported 33 jobs and $406,585 was used to fund payroll.

Martin automotive group inc is Existing or more than 2 years old

MARTIN AUTOMOTIVE GROUP INC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MARTIN AUTOMOTIVE GROUP INC

Borrower Address

2948 HIGHWAY 90 E PO BOX 795

Borrower City

LAKE CHARLES

Borrower State

LA

Borrower Zip

70602

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406585.00

Current Approval Amount

406585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CHARLES

Project County Name

CALCASIEU

Project State

LA

Project Zip

70602-0001

CD

LA-03

Jobs Reported

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406585.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412220.72

Forgiveness Date

09/10/2021

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