Monroe Motors INC

$263,594 PPP Loan in Parsons, Tennessee

Loan Details

Loan Number
6151588604
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$263,594
Current Approval
$263,594
Forgiveness Amount
$265,446
Forgiveness Date
Dec 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Monroe Motors INC
Address
121 Mcmurray Rd
ZIP Code
38363-5024
Business Type
Corporation
Industry (NAICS)
Manufacturing (336999)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
TN-07

Loan Use Breakdown

Payroll
$263,590
Utilities
$1

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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