PPP Loan information for Monroe motors inc

$263,594

Monroe motors inc was initially approved for PPP Loan of amount $263,594, the current approved amount is $263,594. The loan was approved on 03/20/2021 by The Simmons Bank reported 29 jobs and $263,594 was used to fund payroll.

Monroe motors inc is Existing or more than 2 years old

PPP Loan Search / TN / Parsons / Monroe motors inc

MONROE MOTORS INC

Date Approved

03/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MONROE MOTORS INC

Borrower Address

121 McMurray Rd

Borrower City

Parsons

Borrower State

TN

Borrower Zip

38363-5024

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263593.57

Current Approval Amount

263593.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsons

Project County Name

DECATUR

Project State

TN

Project Zip

38363-5024

CD

TN-07

Jobs Reported

29

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263589.57

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

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265446.05

Forgiveness Date

12/09/2021

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