Martam Construction, Inc.

$2,677,573 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5363697004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,677,573
Current Approval
$3,199,100
Forgiveness Amount
$3,249,664
Forgiveness Date
Nov 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Martam Construction, Inc.
Address
1200 Gasket Drive
City
Elgin
ZIP Code
60120-7305
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$38.0M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$2,399,325
Rent
$399,888
Utilities
$399,888

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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