PPP Loan information for Melmont holding co.

$421,939

Melmont holding co. was initially approved for PPP Loan of amount $421,939, the current approved amount is $421,939. The loan was approved on 03/20/2021 by The Bank of America, National Association reported 95 jobs and $421,939 was used to fund payroll.

Melmont holding co. is Existing or more than 2 years old

PPP Loan Search / OH / Elyria / Melmont holding co.

MELMONT HOLDING CO.

Date Approved

03/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MELMONT HOLDING CO.

Borrower Address

356 2nd St

Borrower City

Elyria

Borrower State

OH

Borrower Zip

44035-5527

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421939.00

Current Approval Amount

421939.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elyria

Project County Name

LORAIN

Project State

OH

Project Zip

44035-5527

CD

OH-05

Jobs Reported

95

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

421939.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419400.16

Forgiveness Date

05/05/2022

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