PPP Loan information for Monk's franchising llc

$539,861

Monk's franchising llc was initially approved for PPP Loan of amount $539,861, the current approved amount is $539,861. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 33 jobs and $539,861 was used to fund payroll.

Monk's franchising llc is New Business or 2 years or less

MONK'S FRANCHISING LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MONK'S FRANCHISING LLC

Borrower Address

1095 Mount Kemble Ave

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07960

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539861.00

Current Approval Amount

539861.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-2101

CD

NJ-11

Jobs Reported

33

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

539861.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547049.29

Forgiveness Date

09/02/2021

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