PPP Loan information for Monarch housing associates

$131,432

Monarch housing associates was initially approved for PPP Loan of amount $131,432, the current approved amount is $131,432. The loan was approved on 05/08/2020 by The WebBank reported 8 jobs and $131,432 was used to fund payroll.

Monarch housing associates is Existing or more than 2 years old

MONARCH HOUSING ASSOCIATES

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONARCH HOUSING ASSOCIATES

Borrower Address

29 Alden Street, Suite 1B

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131432.00

Current Approval Amount

131432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-0001

CD

NJ-10

Jobs Reported

8

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131432.00

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

Non-Profit Organization

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

132757.27

Forgiveness Date

05/12/2021

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