PPP Loan information for Monarch tile inc

$145,774

Monarch tile inc was initially approved for PPP Loan of amount $145,774, the current approved amount is $145,774. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 13 jobs and $145,774 was used to fund payroll.

Monarch tile inc is Existing or more than 2 years old

MONARCH TILE INC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MONARCH TILE INC

Borrower Address

42704 10TH ST. W.

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93534

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145774.00

Current Approval Amount

145774.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93534-1000

CD

CA-27

Jobs Reported

13

NAICS Code

423320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145774.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147071.99

Forgiveness Date

04/02/2021

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