PPP Loan information for Monarch hospitality group llc

$761,880

Monarch hospitality group llc was initially approved for PPP Loan of amount $761,880, the current approved amount is $761,880. The loan was approved on 01/21/2021 by The Western Alliance Bank reported 59 jobs and $761,880 was used to fund payroll.

Monarch hospitality group llc is Existing or more than 2 years old

MONARCH HOSPITALITY GROUP LLC

Date Approved

01/21/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

MONARCH HOSPITALITY GROUP LLC

Borrower Address

6939 E 1st Ave

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85251-4301

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

761880.21

Current Approval Amount

761880.21

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85251-4301

CD

AZ-01

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

761877.21

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

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

769901.12

Forgiveness Date

02/09/2022

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