PPP Loan information for Monarch llc

$50,900

Monarch llc was initially approved for PPP Loan of amount $50,900, the current approved amount is $50,900. The loan was approved on 01/17/2021 by The Lakeview Bank reported 14 jobs and $50,900 was used to fund payroll.

Monarch llc is Existing or more than 2 years old

MONARCH LLC

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MONARCH LLC

Borrower Address

16500 Limerick Ln

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55345-1829

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50900.00

Current Approval Amount

50900.00

Undisbursed Amount

0.00

Franchise Name

Tide Dry Cleaners

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-1829

CD

MN-03

Jobs Reported

14

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50898.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51328.41

Forgiveness Date

12/06/2021

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