Date Approved
02/18/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
MELCO AND ASSOCIATES INC
Borrower Address
140 Water Tank Rd
Borrower City
Statesville
Borrower State
NC
Borrower Zip
28677-8637
Loan Status Date
11/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
51357.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66490
Servicing Lender Name
DNB National Bank
Servicing Lender Address
305 4th St W
Servicing Lender City
CLEAR LAKE
Servicing Lender State
SD
Servicing Lender Zip
57226-4104
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
IREDELL
Project State
Project Zip
CD
NC-10
Jobs Reported
3
NAICS Code
238310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
51679.41
Forgiveness Date
10/08/2021