PPP Loan information for Monarch global brands inc

$642,000

Monarch global brands inc was initially approved for PPP Loan of amount $541,300, the current approved amount is $642,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 75 jobs and $642,000 was used to fund payroll.

Monarch global brands inc is Existing or more than 2 years old

PPP Loan Search / PA / philadelphia / Monarch global brands inc

MONARCH GLOBAL BRANDS INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MONARCH GLOBAL BRANDS INC

Borrower Address

11350 Norcom

Borrower City

philadelphia

Borrower State

PA

Borrower Zip

19154

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

541300.00

Current Approval Amount

642000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19154-0030

CD

PA-02

Jobs Reported

75

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

642000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

646115.84

Forgiveness Date

12/15/2020

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