PPP Loan information for Mellas electric inc

$165,705

Mellas electric inc was initially approved for PPP Loan of amount $165,705, the current approved amount is $165,705. The loan was approved on 04/06/2020 by The Village Bank reported 12 jobs and $165,705 was used to fund payroll.

Mellas electric inc is Existing or more than 2 years old

PPP Loan Search / MN / ANDOVER / Mellas electric inc

MELLAS ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MELLAS ELECTRIC INC

Borrower Address

16901 XYLITE ST NE

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-5030

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165705.00

Current Approval Amount

165705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-5030

CD

MN-06

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165705.00

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

Subchapter S Corporation

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166935.30

Forgiveness Date

01/13/2021

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