Monarca Inc.

$312,300 PPP Loan in Huntington Park, California

Loan Details

Loan Number
6239887206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$312,300
Current Approval
$312,300
Forgiveness Amount
$316,262
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarca Inc.
Address
6365 Pacific Blvd.
ZIP Code
90255
Business Type
Corporation
Industry (NAICS)
Manufacturing (311811)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$22.9M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$250,000
Rent
$50,000
Utilities
$5,300
Health Care
$7,000

Lender Information

Servicing Lender
First Utah Bank
Originating Lender
First Utah Bank

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