PPP Loan information for Monroe oil company incorporated

$255,000

Monroe oil company incorporated was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 03/15/2021 by The Readycap Lending, LLC reported 48 jobs and $255,000 was used to fund payroll.

Monroe oil company incorporated is Existing or more than 2 years old

MONROE OIL COMPANY INCORPORATED

Date Approved

03/15/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MONROE OIL COMPANY INCORPORATED

Borrower Address

519 E Franklin St

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28112-5701

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28112-5701

CD

NC-08

Jobs Reported

48

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

254996.00

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

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256536.99

Forgiveness Date

12/01/2021

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