PPP Loan information for Monarch supply company inc

$98,999

Monarch supply company inc was initially approved for PPP Loan of amount $98,999, the current approved amount is $98,999. The loan was approved on 02/22/2021 by The Truist Bank reported 9 jobs and $98,999 was used to fund payroll.

Monarch supply company inc is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Monarch supply company inc

MONARCH SUPPLY COMPANY INC

Date Approved

02/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MONARCH SUPPLY COMPANY INC

Borrower Address

1000 Cavalier Blvd

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23323-1510

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98999.40

Current Approval Amount

98999.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-1510

CD

VA-03

Jobs Reported

9

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98999.40

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99417.40

Forgiveness Date

07/27/2021

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