Monarch Bus Service, Inc.

$1,993,400 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
5422187103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,993,400
Current Approval
$1,993,400
Forgiveness Amount
$2,011,805
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarch Bus Service, Inc.
Address
715 Taft St NE
ZIP Code
55413-2816
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485510)
Business Age
Existing or more than 2 years old
Jobs Reported
225
Estimated Revenue
$86.5M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$1,993,400

Lender Information

Servicing Lender
National Bank of Commerce
Originating Lender
National Bank of Commerce

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