Dave Marston Motors INC

$238,700 PPP Loan in Minocqua, Wisconsin

Loan Details

Loan Number
4561237002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$238,700
Current Approval
$238,700
Forgiveness Amount
$240,285
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dave Marston Motors INC
Address
9594 Hwy 70 West
ZIP Code
54548-9054
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$191,500
Rent
$30,000
Utilities
$9,700
Debt Interest
$7,500

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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