PPP Loan information for Monarch tool and die company

$204,793

Monarch tool and die company was initially approved for PPP Loan of amount $204,793, the current approved amount is $204,793. The loan was approved on 04/11/2020 by The Busey Bank reported 15 jobs and $204,793 was used to fund payroll.

Monarch tool and die company is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / Monarch tool and die company

MONARCH TOOL AND DIE COMPANY

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MONARCH TOOL AND DIE COMPANY

Borrower Address

862 Industrial Drive

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1121

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204793.00

Current Approval Amount

204793.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1121

CD

IL-06

Jobs Reported

15

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204793.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

206636.14

Forgiveness Date

03/05/2021

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