PPP Loan information for Milan inc

$113,500

Milan inc was initially approved for PPP Loan of amount $113,500, the current approved amount is $113,500. The loan was approved on 04/29/2020 by The MCNB Bank and Trust Co. reported 30 jobs and $113,500 was used to fund payroll.

Milan inc is Existing or more than 2 years old

PPP Loan Search / NC / BLOWING ROCK / Milan inc

MILAN INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MILAN INC

Borrower Address

8412 VALLEY BLVD

Borrower City

BLOWING ROCK

Borrower State

NC

Borrower Zip

28605-9052

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113500.00

Current Approval Amount

113500.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOWING ROCK

Project County Name

WATAUGA

Project State

NC

Project Zip

28605-9052

CD

NC-05

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11350.00

Payroll Proceed

90800.00

Mortgage Interest Proceed

11350.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104135.38

Forgiveness Date

12/09/2020

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