PPP Loan information for Marthaler automotive, ltd.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARTHALER AUTOMOTIVE, LTD.

Borrower Address

2200 State Hwy 29 S

Borrower City

GLENWOOD

Borrower State

MN

Borrower Zip

56334-2063

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

753700.00

Current Approval Amount

753700.00

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

GLENWOOD

Project County Name

POPE

Project State

MN

Project Zip

56334-2063

CD

MN-07

Jobs Reported

78

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

753700.00

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

759234.02

Forgiveness Date

01/08/2021