PPP Loan information for Monarch powder coating, inc.

$69,500

Monarch powder coating, inc. was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 10 jobs and $69,500 was used to fund payroll.

Monarch powder coating, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / Monarch powder coating, inc.

MONARCH POWDER COATING, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONARCH POWDER COATING, INC.

Borrower Address

5906 GRAND HAVEN RD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49441

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-1000

CD

MI-02

Jobs Reported

10

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69500.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70086.89

Forgiveness Date

02/25/2021

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