PPP Loan information for Monarch carpet

$41,663

Monarch carpet was initially approved for PPP Loan of amount $41,663, the current approved amount is $41,663. The loan was approved on 06/24/2020 by The First State Bank of DeKalb County reported 9 jobs and $41,663 was used to fund payroll.

Monarch carpet is Existing or more than 2 years old

PPP Loan Search / AL / RAINSVILLE / Monarch carpet

MONARCH CARPET

Date Approved

06/24/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MONARCH CARPET

Borrower Address

408 MCCURDY AVE N

Borrower City

RAINSVILLE

Borrower State

AL

Borrower Zip

35986-4405

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41663.25

Current Approval Amount

41663.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1980

Servicing Lender Name

First State Bank of DeKalb County

Servicing Lender Address

500 Gault Ave S

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-1708

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAINSVILLE

Project County Name

DE KALB

Project State

AL

Project Zip

35986-4405

CD

AL-04

Jobs Reported

9

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10415.82

Payroll Proceed

31247.43

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

Sole Proprietorship

Originating Lender Location Id

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31774.95

Forgiveness Date

10/30/2020

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