PPP Loan information for Melrays inc

$31,742

Melrays inc was initially approved for PPP Loan of amount $31,742, the current approved amount is $31,742. The loan was approved on 02/04/2021 by The First State Bank reported 7 jobs and $31,742 was used to fund payroll.

Melrays inc is Existing or more than 2 years old

MELRAYS INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MELRAYS INC

Borrower Address

45 Ridge Rd

Borrower City

North Arlington

Borrower State

NJ

Borrower Zip

07031-6306

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31742.00

Current Approval Amount

31742.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71887

Servicing Lender Name

First State Bank

Servicing Lender Address

One Commerce Park

Servicing Lender City

SHALLOWATER

Servicing Lender State

TX

Servicing Lender Zip

79363

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Arlington

Project County Name

BERGEN

Project State

NJ

Project Zip

07031-6306

CD

NJ-09

Jobs Reported

7

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31739.00

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

71887

Originating Lender

First State Bank

Originating Lender City

SHALLOWATER

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

32172.47

Forgiveness Date

07/14/2022

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