PPP Loan information for Monarch automation, inc.

$383,624

Monarch automation, inc. was initially approved for PPP Loan of amount $393,300, the current approved amount is $383,624. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 25 jobs and $383,624 was used to fund payroll.

Monarch automation, inc. is Existing or more than 2 years old

PPP Loan Search / OH / WEST CHESTER / Monarch automation, inc.

MONARCH AUTOMATION, INC.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MONARCH AUTOMATION, INC.

Borrower Address

8890 Eagle Ridge Dr

Borrower City

WEST CHESTER

Borrower State

OH

Borrower Zip

45069-4512

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393300.00

Current Approval Amount

383623.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

BUTLER

Project State

OH

Project Zip

45069-4512

CD

OH-08

Jobs Reported

25

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383623.83

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

386524.66

Forgiveness Date

01/26/2021

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