Monarch Electric Inc.

$69,866 PPP Loan in Yorktown, Virginia

Loan Details

Loan Number
4213668601
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$69,866
Current Approval
$69,866
Forgiveness Amount
$70,173
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Monarch Electric Inc.
Address
200 Commerce Cir Ste J
ZIP Code
23693-4320
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-01

Loan Use Breakdown

Payroll
$69,864
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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