PPP Loan information for Monroe-kut, incorporated

$312,203

Monroe-kut, incorporated was initially approved for PPP Loan of amount $312,203, the current approved amount is $312,203. The loan was approved on 04/14/2020 by The Cadence Bank reported 42 jobs and $312,203 was used to fund payroll.

Monroe-kut, incorporated is New Business or 2 years or less

MONROE-KUT, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MONROE-KUT, INCORPORATED

Borrower Address

328 HIGHWAY 145 N

Borrower City

ABERDEEN

Borrower State

MS

Borrower Zip

39730

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312202.50

Current Approval Amount

312202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ABERDEEN

Project County Name

MONROE

Project State

MS

Project Zip

39730-0001

CD

MS-01

Jobs Reported

42

NAICS Code

314120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312202.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315324.53

Forgiveness Date

04/19/2021

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