PPP Loan information for Monarch metals inc

$139,700

Monarch metals inc was initially approved for PPP Loan of amount $139,700, the current approved amount is $139,700. The loan was approved on 04/10/2020 by The Commerce Bank reported 9 jobs and $139,700 was used to fund payroll.

Monarch metals inc is Existing or more than 2 years old

PPP Loan Search / MO / MARYLAND HEIGHTS / Monarch metals inc

MONARCH METALS INC

Date Approved

04/10/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MONARCH METALS INC

Borrower Address

11638 Fairgrove Industrial Blvd.

Borrower City

MARYLAND HEIGHTS

Borrower State

MO

Borrower Zip

63043-3425

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139700.00

Current Approval Amount

139700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARYLAND HEIGHTS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63043-3425

CD

MO-01

Jobs Reported

9

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4100.00

Payroll Proceed

110992.00

Mortgage Interest Proceed

0.00

Rent Proceed

24608.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140697.30

Forgiveness Date

12/31/2020

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