Monroe Oil Company Incorporated

$255,000 PPP Loan in Monroe, North Carolina

Loan Details

Loan Number
2680308609
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$255,000
Current Approval
$255,000
Forgiveness Amount
$256,537
Forgiveness Date
Dec 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Monroe Oil Company Incorporated
Address
519 E Franklin St
City
Monroe
ZIP Code
28112-5701
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$254,996
Utilities
$1

Lender Information

Servicing Lender
Readycap Lending, LLC
Originating Lender
Readycap Lending, LLC

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