PPP Loan information for Monarch electric llc

$42,500

Monarch electric llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/15/2020 by The First Interstate Bank reported 5 jobs and $42,500 was used to fund payroll.

Monarch electric llc is Existing or more than 2 years old

MONARCH ELECTRIC LLC

Date Approved

04/15/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

MONARCH ELECTRIC LLC

Borrower Address

125 Autumn Rd

Borrower City

ROUNDUP

Borrower State

MT

Borrower Zip

59072

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROUNDUP

Project County Name

MUSSELSHELL

Project State

MT

Project Zip

59072-0001

CD

MT-02

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

Partnership

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42880.75

Forgiveness Date

03/10/2021

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