PPP Loan information for Monarch products company

$134,500

Monarch products company was initially approved for PPP Loan of amount $134,500, the current approved amount is $134,500. The loan was approved on 04/04/2020 by The First Western Bank & Trust reported 16 jobs and $134,500 was used to fund payroll.

Monarch products company is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Monarch products company

MONARCH PRODUCTS COMPANY

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MONARCH PRODUCTS COMPANY

Borrower Address

1300 15th St NW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-1153

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134500.00

Current Approval Amount

134500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-1153

CD

ND-

Jobs Reported

16

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

134500.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125226.25

Forgiveness Date

11/09/2020

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