Monarch Plastics, Inc.

$170,000 PPP Loan in Frewsburg, New York

Loan Details

Loan Number
8756817106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$170,000
Current Approval
$170,000
Forgiveness Amount
$171,956
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monarch Plastics, Inc.
Address
225 Falconer Street
ZIP Code
14738
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$22.8M
Rural/Urban
Rural
Congressional District
NY-23

Loan Use Breakdown

Payroll
$134,157
Rent
$6,514
Utilities
$18,000
Health Care
$10,058
Mortgage Interest
$1,271

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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