Monarch Knitting Machinery Corp

$416,912 PPP Loan in Monroe, North Carolina

Loan Details

Loan Number
1139088405
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$416,912
Current Approval
$416,912
Forgiveness Amount
$420,033
Forgiveness Date
Nov 5, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Monarch Knitting Machinery Corp
Address
115 N Secrest Ave
City
Monroe
ZIP Code
28110-6807
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$416,910
Utilities
$1

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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