PPP Loan information for Monarch valve corp

$303,222

Monarch valve corp was initially approved for PPP Loan of amount $303,222, the current approved amount is $303,222. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 23 jobs and $303,222 was used to fund payroll.

Monarch valve corp is Existing or more than 2 years old

PPP Loan Search / MA / WESTFIELD / Monarch valve corp

MONARCH VALVE CORP

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MONARCH VALVE CORP

Borrower Address

34 Elise Street

Borrower City

WESTFIELD

Borrower State

MA

Borrower Zip

01085

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303222.00

Current Approval Amount

303222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-0001

CD

MA-01

Jobs Reported

23

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

229222.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29000.00

Debt Interest Proceed

15000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

307118.20

Forgiveness Date

08/03/2021

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