PPP Loan information for Marthaler automotive of redwood falls, inc.

$298,900

Marthaler automotive of redwood falls, inc. was initially approved for PPP Loan of amount $298,900, the current approved amount is $298,900. The loan was approved on 04/04/2020 by The Glenwood State Bank Incorporated reported 36 jobs and $298,900 was used to fund payroll.

Marthaler automotive of redwood falls, inc. is New Business or 2 years or less

PPP Loan Search / MN / REDWOOD FALLS / Marthaler automotive of redwood falls, inc.

MARTHALER AUTOMOTIVE OF REDWOOD FALLS, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARTHALER AUTOMOTIVE OF REDWOOD FALLS, INC.

Borrower Address

1300 E Bridge Street

Borrower City

REDWOOD FALLS

Borrower State

MN

Borrower Zip

56283-1904

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298900.00

Current Approval Amount

298900.00

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

New Business or 2 years or less

Project City

REDWOOD FALLS

Project County Name

REDWOOD

Project State

MN

Project Zip

56283-1904

CD

MN-07

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298900.00

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

301094.66

Forgiveness Date

01/08/2021

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