PPP Loan information for Marx truck trailer sales, inc.

$226,700

Marx truck trailer sales, inc. was initially approved for PPP Loan of amount $226,700, the current approved amount is $226,700. The loan was approved on 06/03/2020 by The Northwest Bank reported 18 jobs and $226,700 was used to fund payroll.

Marx truck trailer sales, inc. is Existing or more than 2 years old

MARX TRUCK TRAILER SALES, INC.

Date Approved

06/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MARX TRUCK TRAILER SALES, INC.

Borrower Address

2411 3rd St.

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51101-2201

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226700.00

Current Approval Amount

226700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51101-2201

CD

IA-04

Jobs Reported

18

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

208900.00

Mortgage Interest Proceed

0.00

Rent Proceed

15800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228104.28

Forgiveness Date

01/14/2021

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