PPP Loan information for Monarch art & frame, inc.

$420,563

Monarch art & frame, inc. was initially approved for PPP Loan of amount $413,232, the current approved amount is $420,563. The loan was approved on 04/09/2020 by The Axos Bank reported 45 jobs and $420,563 was used to fund payroll.

Monarch art & frame, inc. is Existing or more than 2 years old

PPP Loan Search / CA / VAN NUYS / Monarch art & frame, inc.

MONARCH ART & FRAME, INC.

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MONARCH ART & FRAME, INC.

Borrower Address

7700 Gloria Avenue

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-1819

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413232.00

Current Approval Amount

420563.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124650

Servicing Lender Name

Axos Bank

Servicing Lender Address

4350 La Jolla Village Dr, Ste 140

Servicing Lender City

SAN DIEGO

Servicing Lender State

CA

Servicing Lender Zip

92122-1244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1819

CD

CA-29

Jobs Reported

45

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4575.00

Payroll Proceed

388628.00

Mortgage Interest Proceed

0.00

Rent Proceed

27360.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124650

Originating Lender

Axos Bank

Originating Lender City

SAN DIEGO

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

422911.14

Forgiveness Date

11/03/2020

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