PPP Loan information for Monarch textiles rental services

$317,400

Monarch textiles rental services was initially approved for PPP Loan of amount $317,400, the current approved amount is $317,400. The loan was approved on 04/10/2020 by The 1st Source Bank reported 52 jobs and $317,400 was used to fund payroll.

Monarch textiles rental services is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Monarch textiles rental services

MONARCH TEXTILES RENTAL SERVICES

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MONARCH TEXTILES RENTAL SERVICES

Borrower Address

812 Wilbert St

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46628

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317400.00

Current Approval Amount

317400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-0002

CD

IN-02

Jobs Reported

52

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

317400.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309252.94

Forgiveness Date

11/19/2020

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