PPP Loan information for Monarc construction inc

$1,241,123

Monarc construction inc was initially approved for PPP Loan of amount $1,241,123, the current approved amount is $1,241,123. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 64 jobs and $1,241,123 was used to fund payroll.

Monarc construction inc is Existing or more than 2 years old

PPP Loan Search / VA / Falls Church / Monarc construction inc

MONARC CONSTRUCTION INC

Date Approved

01/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MONARC CONSTRUCTION INC

Borrower Address

2781 Hartland Rd

Borrower City

Falls Church

Borrower State

VA

Borrower Zip

22043-3529

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1241122.50

Current Approval Amount

1241122.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falls Church

Project County Name

FAIRFAX

Project State

VA

Project Zip

22043-3529

CD

VA-11

Jobs Reported

64

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1241119.50

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1252207.59

Forgiveness Date

12/22/2021

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