# PPP loan: MONARCH HOME HEALTH SERVICES LLC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `1179887701`
## Borrower
- **Name:** MONARCH HOME HEALTH SERVICES LLC
- **Address:** 821 S ELMWOOD AVE STE D, TRAVERSE CITY, MI, 49684
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $4K
- **Utilities:** $2K
- **Health care:** $2K
- **Jobs reported:** 27
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*