PPP Loan information for Monarch metal finishing co inc

$372,200

Monarch metal finishing co inc was initially approved for PPP Loan of amount $372,200, the current approved amount is $372,200. The loan was approved on 01/25/2021 by The Bristol County Savings Bank reported 47 jobs and $372,200 was used to fund payroll.

Monarch metal finishing co inc is Existing or more than 2 years old

PPP Loan Search / RI / Providence / Monarch metal finishing co inc

MONARCH METAL FINISHING CO INC

Date Approved

01/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MONARCH METAL FINISHING CO INC

Borrower Address

189 Georgia Ave

Borrower City

Providence

Borrower State

RI

Borrower Zip

02905-4516

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372200.00

Current Approval Amount

372200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02905-4516

CD

RI-01

Jobs Reported

47

NAICS Code

325998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

372194.00

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

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375673.87

Forgiveness Date

12/29/2021

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