PPP Loan information for Monarch knitting machinery corp.

$459,970

Monarch knitting machinery corp. was initially approved for PPP Loan of amount $459,970, the current approved amount is $459,970. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 25 jobs and $459,970 was used to fund payroll.

Monarch knitting machinery corp. is Existing or more than 2 years old

PPP Loan Search / NC / Monroe / Monarch knitting machinery corp.

MONARCH KNITTING MACHINERY CORP.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MONARCH KNITTING MACHINERY CORP.

Borrower Address

115 N Secrest Ave 0.0

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28110-6807

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459970.00

Current Approval Amount

459970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28110-6807

CD

NC-08

Jobs Reported

25

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13072.00

Payroll Proceed

392427.00

Mortgage Interest Proceed

0.00

Rent Proceed

15937.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38534.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464765.70

Forgiveness Date

04/29/2021

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