PPP Loan information for Monarch properties, inc.

$2,680,300

Monarch properties, inc. was initially approved for PPP Loan of amount $2,680,300, the current approved amount is $2,680,300. The loan was approved on 04/28/2020 by The Enterprise Bank & Trust reported 313 jobs and $2,680,300 was used to fund payroll.

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

MONARCH PROPERTIES, INC.

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MONARCH PROPERTIES, INC.

Borrower Address

1720 LOUISIANA BLVD NE STE 402, CANYON VILLAGE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87110

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2680300.00

Current Approval Amount

2680300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87110-1000

CD

NM-01

Jobs Reported

313

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2680300.00

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

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2709559.94

Forgiveness Date

06/10/2021

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