PPP Loan information for Monarch motor hotel, inc.

$792,466

Monarch motor hotel, inc. was initially approved for PPP Loan of amount $792,466, the current approved amount is $792,466. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 245 jobs and $792,466 was used to fund payroll.

Monarch motor hotel, inc. is Existing or more than 2 years old

PPP Loan Search / OR / CLACKAMAS / Monarch motor hotel, inc.

MONARCH MOTOR HOTEL, INC.

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MONARCH MOTOR HOTEL, INC.

Borrower Address

12566 93RD AVE SE

Borrower City

CLACKAMAS

Borrower State

OR

Borrower Zip

97015

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

792466.00

Current Approval Amount

792466.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLACKAMAS

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97015-0001

CD

OR-05

Jobs Reported

245

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

792466.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

800456.70

Forgiveness Date

05/13/2021

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