PPP Loan information for Monarc construction inc

$1,182,102

Monarc construction inc was initially approved for PPP Loan of amount $1,182,102, the current approved amount is $1,182,102. The loan was approved on 04/27/2020 by The EagleBank reported 69 jobs and $1,182,102 was used to fund payroll.

Monarc construction inc is New Business or 2 years or less

PPP Loan Search / VA / FALLS CHURCH / Monarc construction inc

MONARC CONSTRUCTION INC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MONARC CONSTRUCTION INC

Borrower Address

2781 HARTLAND ROAD

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22043

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1182102.00

Current Approval Amount

1182102.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FALLS CHURCH

Project County Name

FAIRFAX

Project State

VA

Project Zip

22043-1001

CD

VA-08

Jobs Reported

69

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1182102.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1194317.05

Forgiveness Date

05/06/2021

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