Monarch Valve Corp
$303,222 PPP Loan in Westfield, Massachusetts
Loan Details
- Loan Number
- 5970867107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $303,222
- Current Approval
- $303,222
- Forgiveness Amount
- $307,118
- Forgiveness Date
- Aug 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Monarch Valve Corp
- Address
- 34 Elise Street
- City
- Westfield
- State
- Massachusetts
- ZIP Code
- 01085
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332911)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $5.6M
- Rural/Urban
- Urban
- Congressional District
- MA-01
Loan Use Breakdown
- Payroll
- $229,222
- Rent
- $12,000
- Utilities
- $18,000
- Health Care
- $29,000
- Debt Interest
- $15,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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| Elm Electrical. Inc. | $3,410,000 | AI Deep Dive |
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