Marthaler Automotive, Ltd.

$753,700 PPP Loan in Glenwood, Minnesota

Loan Details

Loan Number
5001297005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$753,700
Current Approval
$753,700
Forgiveness Amount
$759,234
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marthaler Automotive, Ltd.
Address
2200 State Hwy 29 S
ZIP Code
56334-2063
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$753,700

Lender Information

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

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