Monarch Manufacturing Inc.

$273,100 PPP Loan in Sullivan, Illinois

Loan Details

Loan Number
5049477010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$273,100
Current Approval
$273,100
Forgiveness Amount
$274,731
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarch Manufacturing Inc.
Address
1157 State Highway 32
ZIP Code
61951-6505
Business Type
Corporation
Industry (NAICS)
Manufacturing (337110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$204,825
Rent
$22,758
Utilities
$22,758
Health Care
$22,758

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

Other PPP Loans in Sullivan, IL

BusinessApproved
Agri-Fab, Inc.$3,876,367NewBizBotAI Deep Dive
Mid-State Tank Co., Inc.$2,694,100NewBizBotAI Deep Dive
Mid-State Tank Co. Inc.$2,000,000NewBizBotAI Deep Dive
Marvin Keller Trucking, Inc.$913,235NewBizBotAI Deep Dive
Quality Network Solutions, Inc.$815,400NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free