PPP Loan information for Monark industrial services inc

$55,900

Monark industrial services inc was initially approved for PPP Loan of amount $55,900, the current approved amount is $55,900. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 9 jobs and $55,900 was used to fund payroll.

Monark industrial services inc is New Business or 2 years or less

PPP Loan Search / NC / LINCOLNTON / Monark industrial services inc

MONARK INDUSTRIAL SERVICES INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MONARK INDUSTRIAL SERVICES INC

Borrower Address

700 SPRING SIDE DR

Borrower City

LINCOLNTON

Borrower State

NC

Borrower Zip

28092-8540

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55900.00

Current Approval Amount

55900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LINCOLNTON

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-8540

CD

NC-10

Jobs Reported

9

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56500.35

Forgiveness Date

06/04/2021

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