PPP Loan information for Monarch motor hotel inc.

$1,087,523

Monarch motor hotel inc. was initially approved for PPP Loan of amount $1,087,523, the current approved amount is $1,087,523. The loan was approved on 02/01/2021 by The U.S. Bank, National Association reported 87 jobs and $1,087,523 was used to fund payroll.

Monarch motor hotel inc. is Existing or more than 2 years old

PPP Loan Search / OR / Clackamas / Monarch motor hotel inc.

MONARCH MOTOR HOTEL INC.

Date Approved

02/01/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MONARCH MOTOR HOTEL INC.

Borrower Address

12566 SE 93rd Ave

Borrower City

Clackamas

Borrower State

OR

Borrower Zip

97015-9760

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1087523.00

Current Approval Amount

1087523.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clackamas

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97015-9760

CD

OR-05

Jobs Reported

87

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1087518.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1102083.72

Forgiveness Date

06/09/2022

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