PPP Loan information for Monarch engineering incorporated

$153,945

Monarch engineering incorporated was initially approved for PPP Loan of amount $153,945, the current approved amount is $153,945. The loan was approved on 01/29/2021 by The WesBanco Bank, Inc. reported 10 jobs and $153,945 was used to fund payroll.

Monarch engineering incorporated is Existing or more than 2 years old

MONARCH ENGINEERING INCORPORATED

Date Approved

01/29/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MONARCH ENGINEERING INCORPORATED

Borrower Address

556 Carlton Dr

Borrower City

Lawrenceburg

Borrower State

KY

Borrower Zip

40342-9788

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153945.00

Current Approval Amount

153945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lawrenceburg

Project County Name

ANDERSON

Project State

KY

Project Zip

40342-9788

CD

KY-06

Jobs Reported

10

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153943.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155994.79

Forgiveness Date

06/02/2022

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