PPP Loan information for Blue monarch, inc.

$80,000

Blue monarch, inc. was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/28/2020 by The Mountain Valley Bank reported 10 jobs and $80,000 was used to fund payroll.

Blue monarch, inc. is Existing or more than 2 years old

BLUE MONARCH, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BLUE MONARCH, INC.

Borrower Address

375 Lord's Landing

Borrower City

Hillsboro

Borrower State

TN

Borrower Zip

37342

Loan Status Date

12/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsboro

Project County Name

COFFEE

Project State

TN

Project Zip

37342-0001

CD

TN-04

Jobs Reported

10

NAICS Code

624221

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

71000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

80475.62

Forgiveness Date

12/08/2020

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