PPP Loan information for Monroe motors inc.

$24,193

Monroe motors inc. was initially approved for PPP Loan of amount $24,193, the current approved amount is $24,193. The loan was approved on 01/25/2021 by The The Cape Cod Five Cents Savings Bank reported 1 jobs and $24,193 was used to fund payroll.

Monroe motors inc. is Existing or more than 2 years old

MONROE MOTORS INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MONROE MOTORS INC.

Borrower Address

17 American Way Ste 7

Borrower City

South Dennis

Borrower State

MA

Borrower Zip

02660-3464

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24192.50

Current Approval Amount

24192.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Dennis

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02660-3464

CD

MA-09

Jobs Reported

1

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24190.50

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

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24306.74

Forgiveness Date

07/16/2021

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