PPP Loan information for Melco and associates inc

$51,357

Melco and associates inc was initially approved for PPP Loan of amount $51,357, the current approved amount is $51,357. The loan was approved on 02/18/2021 by The DNB National Bank reported 3 jobs and $51,357 was used to fund payroll.

Melco and associates inc is Existing or more than 2 years old

MELCO AND ASSOCIATES INC

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

51357.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Statesville

Project County Name

IREDELL

Project State

NC

Project Zip

28677-8637

CD

NC-10

Jobs Reported

3

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51357.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66490

Originating Lender

DNB National Bank

Originating Lender City

CLEAR LAKE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51679.41

Forgiveness Date

10/08/2021

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