PPP Loan information for Melton machine & control company

$2,000,000

Melton machine & control company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The First State Community Bank reported 196 jobs and $2,000,000 was used to fund payroll.

Melton machine & control company is Existing or more than 2 years old

MELTON MACHINE & CONTROL COMPANY

Date Approved

02/12/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

MELTON MACHINE & CONTROL COMPANY

Borrower Address

901 Melton Dr

Borrower City

Washington

Borrower State

MO

Borrower Zip

63090-1036

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40461

Servicing Lender Name

First State Community Bank

Servicing Lender Address

201 E Columbia

Servicing Lender City

FARMINGTON

Servicing Lender State

MO

Servicing Lender Zip

63640-3106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

FRANKLIN

Project State

MO

Project Zip

63090-1036

CD

MO-02

Jobs Reported

196

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

40461

Originating Lender

First State Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007833.33

Forgiveness Date

07/09/2021

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