PPP Loan information for Monarch electric llc

$7,942

Monarch electric llc was initially approved for PPP Loan of amount $7,942, the current approved amount is $7,942. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $7,942 was used to fund payroll.

Monarch electric llc is New Business or 2 years or less

PPP Loan Search / CO / GRAND LAKE / Monarch electric llc

MONARCH ELECTRIC LLC

Date Approved

04/30/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MONARCH ELECTRIC LLC

Borrower Address

759 COUNTY ROAD 412

Borrower City

GRAND LAKE

Borrower State

CO

Borrower Zip

80447

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7942.00

Current Approval Amount

7942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRAND LAKE

Project County Name

GRAND

Project State

CO

Project Zip

80447-0001

CD

CO-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7942.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8047.97

Forgiveness Date

09/15/2021

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