PPP Loan information for Monarch education

$57,900

Monarch education was initially approved for PPP Loan of amount $57,900, the current approved amount is $57,900. The loan was approved on 01/27/2021 by The First National Bank Texas reported 9 jobs and $57,900 was used to fund payroll.

Monarch education is Existing or more than 2 years old

MONARCH EDUCATION

Date Approved

01/27/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

MONARCH EDUCATION

Borrower Address

4201 Old Florence Rd

Borrower City

Killeen

Borrower State

TX

Borrower Zip

76542-6672

Loan Status Date

04/06/2022

Loan Status

Charged Off

Term

45

SBA Guaranty Percentage

100

Initial Approval Amount

57900.00

Current Approval Amount

57900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70553

Servicing Lender Name

First National Bank Texas

Servicing Lender Address

507 N Gray St

Servicing Lender City

KILLEEN

Servicing Lender State

TX

Servicing Lender Zip

76541-4871

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Killeen

Project County Name

BELL

Project State

TX

Project Zip

76542-6672

CD

TX-11

Jobs Reported

9

NAICS Code

561499

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

57898.00

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

Professional Association

Originating Lender Location Id

70553

Originating Lender

First National Bank Texas

Originating Lender City

KILLEEN

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;