PPP Loan information for Monarch poured walls

$718,800

Monarch poured walls was initially approved for PPP Loan of amount $718,800, the current approved amount is $718,800. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 49 jobs and $718,800 was used to fund payroll.

Monarch poured walls is New Business or 2 years or less

MONARCH POURED WALLS

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MONARCH POURED WALLS

Borrower Address

3700 SE Beisser Drive, Suite A

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-4966

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

718800.00

Current Approval Amount

718800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-4966

CD

IA-03

Jobs Reported

49

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44925.00

Payroll Proceed

539100.00

Mortgage Interest Proceed

44925.00

Rent Proceed

44925.00

Refinance EIDL Proceed

44925.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724410.63

Forgiveness Date

01/20/2021

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