PPP Loan information for Monelli's ii, inc.

$432,000

Monelli's ii, inc. was initially approved for PPP Loan of amount $432,000, the current approved amount is $432,000. The loan was approved on 04/11/2020 by The Old National Bank reported 51 jobs and $432,000 was used to fund payroll.

Monelli's ii, inc. is Existing or more than 2 years old

PPP Loan Search / MI / PORTAGE / Monelli's ii, inc.

MONELLI'S II, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONELLI'S II, INC.

Borrower Address

7141 S WESTNEDGE AVE

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-4208

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432000.00

Current Approval Amount

432000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-4208

CD

MI-06

Jobs Reported

51

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

432000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

435053.59

Forgiveness Date

12/31/2020

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