Martin Automatic, Inc.
$2,475,442 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 2134097102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,475,442
- Current Approval
- $2,475,442
- Forgiveness Amount
- $2,507,249
- Forgiveness Date
- Jul 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Martin Automatic, Inc.
- Address
- 1661 Northrock Court 0.0
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61103-1296
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333244)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 165
- Estimated Revenue
- $43.2M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $1,980,354
- Utilities
- $36,321
- Health Care
- $352,767
- Mortgage Interest
- $106,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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