PPP Loan information for Monarch restaurant group inc

$381,800

Monarch restaurant group inc was initially approved for PPP Loan of amount $381,800, the current approved amount is $381,800. The loan was approved on 04/15/2020 by The The Richwood Banking Company reported 190 jobs and $381,800 was used to fund payroll.

Monarch restaurant group inc is Existing or more than 2 years old

PPP Loan Search / OH / MARYSVILLE / Monarch restaurant group inc

MONARCH RESTAURANT GROUP INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MONARCH RESTAURANT GROUP INC

Borrower Address

883 LONDON AVE

Borrower City

MARYSVILLE

Borrower State

OH

Borrower Zip

43040-9166

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381800.00

Current Approval Amount

381800.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

58129

Servicing Lender Name

The Richwood Banking Company

Servicing Lender Address

24 E Blagrove St

Servicing Lender City

RICHWOOD

Servicing Lender State

OH

Servicing Lender Zip

43344-1009

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARYSVILLE

Project County Name

UNION

Project State

OH

Project Zip

43040-9166

CD

OH-04

Jobs Reported

190

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

381800.00

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

58129

Originating Lender

The Richwood Banking Company

Originating Lender City

RICHWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383944.36

Forgiveness Date

11/19/2020

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