# PPP loan: MONARCH CONSTRUCTION MANAGEMENT INC
> **$387K** approved 04/16/2020 · Paid in Full · Loan `2724987207`
## Borrower
- **Name:** MONARCH CONSTRUCTION MANAGEMENT INC
- **Address:** 1001 Dove Street #205, Newport Beach, CA, 92660-2848
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $387K
- **Jobs reported:** 18
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*