Monarch Automotive, Inc.

$456,200 PPP Loan in Glen Dale, West Virginia

Loan Details

Loan Number
5294327004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$456,200
Current Approval
$456,200
Forgiveness Amount
$460,635
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarch Automotive, Inc.
Address
1502 Wheeling Avenue
ZIP Code
26038-1732
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
WV-02

Loan Use Breakdown

Payroll
$456,200

Lender Information

Servicing Lender
United Bank
Originating Lender
United Bank

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