Monroe Hardware Company INC

$1,073,996 PPP Loan in Monroe, North Carolina

Loan Details

Loan Number
3849317203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,073,996
Current Approval
$1,073,996
Forgiveness Amount
$1,080,636
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monroe Hardware Company INC
Address
101 North Sutherland Ave
City
Monroe
ZIP Code
28110-3601
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Unanswered
Jobs Reported
147
Estimated Revenue
$45.0M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$985,996
Rent
$48,000
Utilities
$40,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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