PPP Loan information for Monarch enterprises inc

$55,560

Monarch enterprises inc was initially approved for PPP Loan of amount $55,560, the current approved amount is $55,560. The loan was approved on 01/23/2021 by The Merchants Bank, National Association reported 13 jobs and $55,560 was used to fund payroll.

Monarch enterprises inc is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Monarch enterprises inc

MONARCH ENTERPRISES INC

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MONARCH ENTERPRISES INC

Borrower Address

405 Division St S

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-2019

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55560.00

Current Approval Amount

55560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-2019

CD

MN-02

Jobs Reported

13

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55556.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55822.37

Forgiveness Date

07/23/2021

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