PPP Loan information for Monarch seeds inc.

$23,520

Monarch seeds inc. was initially approved for PPP Loan of amount $23,520, the current approved amount is $23,520. The loan was approved on 02/01/2021 by The Umpqua Bank reported 4 jobs and $23,520 was used to fund payroll.

Monarch seeds inc. is Existing or more than 2 years old

MONARCH SEEDS INC.

Date Approved

02/01/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MONARCH SEEDS INC.

Borrower Address

16001 Triumph Rd SE

Borrower City

Sublimity

Borrower State

OR

Borrower Zip

97385-9766

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23520.00

Current Approval Amount

23520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sublimity

Project County Name

MARION

Project State

OR

Project Zip

97385-9766

CD

OR-05

Jobs Reported

4

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23520.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

23623.10

Forgiveness Date

07/20/2021

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