# PPP loan: MARTHALER AUTOMOTIVE OF MICHIGAN INC.
> **$302K** approved 01/22/2021 · Paid in Full · Loan `3690958309`
## Borrower
- **Name:** MARTHALER AUTOMOTIVE OF MICHIGAN INC.
- **Address:** 1705 Memorial Rd, Houghton, MI, 49931-2436
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 31
## Lender
- **Originating:** Glenwood State Bank Incorporated
- **Servicing:** Glenwood State Bank Incorporated (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*