PPP Loan information for Monarch community resources

$52,675

Monarch community resources was initially approved for PPP Loan of amount $52,675, the current approved amount is $52,675. The loan was approved on 04/30/2020 by The Northwest FCU reported 7 jobs and $52,675 was used to fund payroll.

Monarch community resources is New Business or 2 years or less

PPP Loan Search / MD / ROCKVILLE / Monarch community resources

MONARCH COMMUNITY RESOURCES

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MONARCH COMMUNITY RESOURCES

Borrower Address

120 GIBBS ST

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-0365

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52675.00

Current Approval Amount

52675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

94031

Servicing Lender Name

Northwest FCU

Servicing Lender Address

200 Spring St

Servicing Lender City

HERNDON

Servicing Lender State

VA

Servicing Lender Zip

20170-5241

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0365

CD

MD-08

Jobs Reported

7

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52675.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

94031

Originating Lender

Northwest FCU

Originating Lender City

HERNDON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53251.50

Forgiveness Date

06/15/2021

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