As part of the Paycheck Protection Program MONARCH BUS SERVICE, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MONARCH BUS SERVICE, INC


Loan Amount	$1,993,400
BusinessName	MONARCH BUS SERVICE, INC
Address	715 Taft St NE
City	MINNEAPOLIS
State	MN
Zip	55413
NAICSCode	485510
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	225
DateApproved	04/13/2020
Lender	National Bank of Commerce
CD	MN-05
BusinessName.clean	MONARCH BUS SERVICE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MONARCH CONSTRUCTION COMPANY
MONARCH ENTERPRISES
MONARCH HEALTHCARE MANAGEMENT IV
MONARCH HEALTHCARE OPERATING VII
MONARCH LANDSCAPE MANAGEMENT