PPP Loan information for Monark equipment technologies company

$183,230

Monark equipment technologies company was initially approved for PPP Loan of amount $183,230, the current approved amount is $183,230. The loan was approved on 06/05/2020 by The Thumb Bank & Trust reported 14 jobs and $183,230 was used to fund payroll.

Monark equipment technologies company is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN / Monark equipment technologies company

MONARK EQUIPMENT TECHNOLOGIES COMPANY

Date Approved

06/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONARK EQUIPMENT TECHNOLOGIES COMPANY

Borrower Address

4533 S. GARFIELD RD

Borrower City

AUBURN

Borrower State

MI

Borrower Zip

48611-9504

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183230.00

Current Approval Amount

183230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

BAY

Project State

MI

Project Zip

48611-9504

CD

MI-08

Jobs Reported

14

NAICS Code

333249

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

24175.00

Payroll Proceed

137422.00

Mortgage Interest Proceed

0.00

Rent Proceed

21633.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184284.20

Forgiveness Date

01/11/2021

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