PPP Loan information for Monroe industrial supply

$22,725

Monroe industrial supply was initially approved for PPP Loan of amount $22,725, the current approved amount is $22,725. The loan was approved on 07/10/2020 by The First Merchants Bank reported 2 jobs and $22,725 was used to fund payroll.

Monroe industrial supply is Existing or more than 2 years old

PPP Loan Search / MI / MONROE / Monroe industrial supply

MONROE INDUSTRIAL SUPPLY

Date Approved

07/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONROE INDUSTRIAL SUPPLY

Borrower Address

750 TOLEDO AVE

Borrower City

MONROE

Borrower State

MI

Borrower Zip

48161-1625

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22725.00

Current Approval Amount

22725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

MONROE

Project State

MI

Project Zip

48161-1625

CD

MI-05

Jobs Reported

2

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22725.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22843.29

Forgiveness Date

01/20/2021

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