Marthaler Automotive of Worthington, Inc.

$482,000 PPP Loan in Worthington, Minnesota

Loan Details

Loan Number
5398227003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$482,000
Current Approval
$482,000
Forgiveness Amount
$485,526
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marthaler Automotive of Worthington, Inc.
Address
1627 Oxford St
ZIP Code
56187-1911
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$482,000

Lender Information

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

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