Monarch Motor Inns INC

$118,600 PPP Loan in Athens, Georgia

Loan Details

Loan Number
1823448304
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$118,600
Current Approval
$114,000
Forgiveness Amount
$114,647
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Monarch Motor Inns INC
Address
170 N Milledge Ave
City
Athens
State
Georgia
ZIP Code
30601-3802
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
GA-10

Loan Use Breakdown

Payroll
$114,000

Lender Information

Servicing Lender
First American Bank & Trust Company
Originating Lender
First American Bank & Trust Company

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