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
- City
- Glenwood
- State
- Minnesota
- 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
Other PPP Loans in Glenwood, MN
| Business | Approved | |
|---|---|---|
| Fast Global Solutions, Inc. | $7,200,000 | |
| Glacial Ridge Hospital District | $3,023,706 | |
| Clyde Machines, Inc. | $883,700 | |
| Hilltop Lumber of Glenwood, Inc. | $749,205 | |
| Glenwood Village Care Center, INC | $696,600 |
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