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Martin, Inc.

$3,807,300 PPP Loan in Florence, Alabama

Loan Details

Loan Number
5549617000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,807,300
Current Approval
$3,807,300
Forgiveness Amount
$3,850,978
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Martin, Inc.
Address
125 North Court St
City
Florence
State
Alabama
ZIP Code
35630-4739
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
301
Estimated Revenue
$92.2M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$3,041,823
Rent
$168,302
Utilities
$80,352
Health Care
$252,396
Mortgage Interest
$16,726
Debt Interest
$247,701

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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