PPP Loan information for Monterrey corporation

$215,709

Monterrey corporation was initially approved for PPP Loan of amount $215,709, the current approved amount is $215,709. The loan was approved on 04/13/2020 by The First Horizon Bank reported 43 jobs and $215,709 was used to fund payroll.

Monterrey corporation is Existing or more than 2 years old

MONTERREY CORPORATION

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MONTERREY CORPORATION

Borrower Address

116 Cedar Lane

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37912-3505

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215709.00

Current Approval Amount

215709.00

Undisbursed Amount

0.00

Franchise Name

El Chico Cafe

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37912-3505

CD

TN-02

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4742.00

Payroll Proceed

172567.00

Mortgage Interest Proceed

38400.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218728.93

Forgiveness Date

09/20/2021

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