Monarch Knitting Machinery Corp.
$459,970 PPP Loan in Monroe, North Carolina
Loan Details
- Loan Number
- 1789827103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $459,970
- Current Approval
- $459,970
- Forgiveness Amount
- $464,766
- Forgiveness Date
- Apr 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Monarch Knitting Machinery Corp.
- Address
- 115 N Secrest Ave 0.0
- City
- Monroe
- State
- North Carolina
- ZIP Code
- 28110-6807
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Urban
- Congressional District
- NC-08
Loan Use Breakdown
- Payroll
- $392,427
- Rent
- $15,937
- Utilities
- $13,072
- Health Care
- $38,534
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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