PPP Loan information for Monarch healthcare operating vii llc

$1,385,728

Monarch healthcare operating vii llc was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $1,385,728. The loan was approved on 05/01/2020 by The Celtic Bank Corporation reported 378 jobs and $1,385,728 was used to fund payroll.

Monarch healthcare operating vii llc is New Business or 2 years or less

MONARCH HEALTHCARE OPERATING VII LLC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MONARCH HEALTHCARE OPERATING VII LLC

Borrower Address

638 Southbend Ave

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001-2168

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

1385728.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-2168

CD

MN-01

Jobs Reported

378

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1385728.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1404634.65

Forgiveness Date

09/22/2021

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