Marthaler Automotive of Redwood Falls, Inc.
$298,900 PPP Loan in Redwood Falls, Minnesota
Loan Details
- Loan Number
- 5024507010
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $298,900
- Current Approval
- $298,900
- Forgiveness Amount
- $301,095
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marthaler Automotive of Redwood Falls, Inc.
- Address
- 1300 E Bridge Street
- City
- Redwood Falls
- State
- Minnesota
- ZIP Code
- 56283-1904
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 36
- Estimated Revenue
- $9.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $298,900
Lender Information
- Servicing Lender
- Glenwood State Bank Incorporated
- Originating Lender
- Glenwood State Bank Incorporated
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