PPP Loan information for Monarch hospitality group, llc

$558,605

Monarch hospitality group, llc was initially approved for PPP Loan of amount $558,605, the current approved amount is $558,605. The loan was approved on 04/28/2020 by The Western Alliance Bank reported 60 jobs and $558,605 was used to fund payroll.

Monarch hospitality group, llc is New Business or 2 years or less

PPP Loan Search / AZ / SCOTTSDALE / Monarch hospitality group, llc

MONARCH HOSPITALITY GROUP, LLC

Date Approved

04/28/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MONARCH HOSPITALITY GROUP, LLC

Borrower Address

6939 E 1ST AVE.

Borrower City

SCOTTSDALE

Borrower State

AZ

Borrower Zip

85251

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

558605.00

Current Approval Amount

558605.00

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

New Business or 2 years or less

Project City

SCOTTSDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85251-0800

CD

AZ-01

Jobs Reported

60

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

558605.00

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

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

562980.74

Forgiveness Date

02/16/2021

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