PPP Loan information for Mel-net, llc

$70,700

Mel-net, llc was initially approved for PPP Loan of amount $70,700, the current approved amount is $70,700. The loan was approved on 04/10/2020 by The First National Bank reported 22 jobs and $70,700 was used to fund payroll.

Mel-net, llc is Existing or more than 2 years old

PPP Loan Search / AR / GENTRY / Mel-net, llc

MEL-NET, LLC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MEL-NET, LLC

Borrower Address

129 FOWLER SUITE B

Borrower City

GENTRY

Borrower State

AR

Borrower Zip

72734

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70700.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GENTRY

Project County Name

BENTON

Project State

AR

Project Zip

72734-0001

CD

AR-03

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

8837.50

Payroll Proceed

53025.00

Mortgage Interest Proceed

0.00

Rent Proceed

8837.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71306.28

Forgiveness Date

02/25/2021

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