PPP Loan information for Monarch inventory, inc

$193,400

Monarch inventory, inc was initially approved for PPP Loan of amount $193,400, the current approved amount is $193,400. The loan was approved on 04/15/2020 by The Customers Bank reported 44 jobs and $193,400 was used to fund payroll.

Monarch inventory, inc is Existing or more than 2 years old

MONARCH INVENTORY, INC

Date Approved

04/15/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MONARCH INVENTORY, INC

Borrower Address

9716 Rosehill Rd

Borrower City

Lenexa

Borrower State

KS

Borrower Zip

66215

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193400.00

Current Approval Amount

193400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lenexa

Project County Name

JOHNSON

Project State

KS

Project Zip

66215-1100

CD

KS-03

Jobs Reported

44

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

193400.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194904.81

Forgiveness Date

02/17/2021

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