PPP Loan information for Monark insurance agency inc

$18,600

Monark insurance agency inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $18,600. The loan was approved on 02/22/2021 by The Newtek Small Business Finance, Inc. reported 3 jobs and $18,600 was used to fund payroll.

Monark insurance agency inc is Existing or more than 2 years old

MONARK INSURANCE AGENCY INC

Date Approved

02/22/2021

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MONARK INSURANCE AGENCY INC

Borrower Address

100 S Public Rd

Borrower City

Lafayette

Borrower State

CO

Borrower Zip

80026-2593

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

18600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

BOULDER

Project State

CO

Project Zip

80026-2593

CD

CO-02

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18600.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18671.30

Forgiveness Date

10/06/2021

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