Marthaler Automotive of Marquette, INC
$498,300 PPP Loan in Marquette, Michigan
Loan Details
- Loan Number
- 5109987002
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $498,300
- Current Approval
- $498,300
- Forgiveness Amount
- $501,945
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marthaler Automotive of Marquette, INC
- Address
- 919 W Baraga Ave
- City
- Marquette
- State
- Michigan
- ZIP Code
- 49855-4028
- 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
- 45
- Estimated Revenue
- $11.3M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $498,300
Lender Information
- Servicing Lender
- Glenwood State Bank Incorporated
- Originating Lender
- Glenwood State Bank Incorporated
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|---|---|---|
| Upper Peninsula Power Company | $4,147,800 | |
| Satellite Services INC | $2,482,300 | |
| Up Rehab Services LLC | $2,358,700 | |
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