PPP Loan information for Melrose insurance company inc

$18,700

Melrose insurance company inc was initially approved for PPP Loan of amount $18,700, the current approved amount is $18,700. The loan was approved on 04/10/2020 by The First Citizens Bank reported 2 jobs and $18,700 was used to fund payroll.

Melrose insurance company inc is Existing or more than 2 years old

PPP Loan Search / IA / CHARLES CITY / Melrose insurance company inc

MELROSE INSURANCE COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MELROSE INSURANCE COMPANY INC

Borrower Address

206 N MAIN ST STE 1A

Borrower City

CHARLES CITY

Borrower State

IA

Borrower Zip

50616-2017

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18700.00

Current Approval Amount

18700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLES CITY

Project County Name

FLOYD

Project State

IA

Project Zip

50616-2017

CD

IA-02

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18700.00

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

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18837.13

Forgiveness Date

01/07/2021

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