PPP Loan information for Martin produce, inc

$635,000

Martin produce, inc was initially approved for PPP Loan of amount $635,000, the current approved amount is $635,000. The loan was approved on 04/05/2020 by The Old Plank Trail Community Bank, National Association reported 68 jobs and $635,000 was used to fund payroll.

Martin produce, inc is Existing or more than 2 years old

PPP Loan Search / IL / SOUTH HOLLAND / Martin produce, inc

MARTIN PRODUCE, INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARTIN PRODUCE, INC

Borrower Address

143 W 154th St

Borrower City

SOUTH HOLLAND

Borrower State

IL

Borrower Zip

60473-1016

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635000.00

Current Approval Amount

635000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HOLLAND

Project County Name

COOK

Project State

IL

Project Zip

60473-1016

CD

IL-02

Jobs Reported

68

NAICS Code

424410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

79375.00

Payroll Proceed

476250.00

Mortgage Interest Proceed

79375.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

644313.33

Forgiveness Date

09/27/2021

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