PPP Loan information for Monroe hardware company inc

$1,073,996

Monroe hardware company inc was initially approved for PPP Loan of amount $1,073,996, the current approved amount is $1,073,996. The loan was approved on 04/27/2020 by The First Horizon Bank reported 147 jobs and $1,073,996 was used to fund payroll.

Monroe hardware company inc is Unanswered

PPP Loan Search / NC / MONROE / Monroe hardware company inc

MONROE HARDWARE COMPANY INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MONROE HARDWARE COMPANY INC

Borrower Address

101 NORTH SUTHERLAND AVE

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-3601

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073996.00

Current Approval Amount

1073996.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-3601

CD

NC-08

Jobs Reported

147

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

985996.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1070557.31

Forgiveness Date

12/14/2020

;