PPP Loan information for Richard monroe

$67,505

Richard monroe was initially approved for PPP Loan of amount $67,505, the current approved amount is $67,505. The loan was approved on 03/13/2021 by The Farmers & Merchants Bank reported 10 jobs and $67,505 was used to fund payroll.

Richard monroe is Existing or more than 2 years old

RICHARD MONROE

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RICHARD MONROE

Borrower Address

522 N Main St 522 N Main St

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-4350

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67504.50

Current Approval Amount

67504.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28144-4350

CD

NC-08

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

67500.50

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

Sole Proprietorship

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68175.79

Forgiveness Date

03/24/2022

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