Marthaler Motors of Worthington, Inc.

$332,500 PPP Loan in Worthington, Minnesota

Loan Details

Loan Number
4992277005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$332,500
Current Approval
$332,500
Forgiveness Amount
$334,941
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marthaler Motors of Worthington, Inc.
Address
611 Oxford St
ZIP Code
56187-1659
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$332,500

Lender Information

Servicing Lender
Glenwood State Bank Incorporated
Originating Lender
Glenwood State Bank Incorporated

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