# PPP loan: MARTHALER AUTOMOTIVE OF REDWOOD FALLS, INC.
> **$299K** approved 04/04/2020 · Paid in Full · Loan `5024507010`
## Borrower
- **Name:** MARTHALER AUTOMOTIVE OF REDWOOD FALLS, INC.
- **Address:** 1300 E Bridge Street, REDWOOD FALLS, MN, 56283-1904
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 36
## 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*