PPP Loan information for Michael c melton

$111,000

Michael c melton was initially approved for PPP Loan of amount $116,900, the current approved amount is $111,000. The loan was approved on 05/20/2020 by The TowneBank reported 11 jobs and $111,000 was used to fund payroll.

Michael c melton is New Business or 2 years or less

PPP Loan Search / NC / MONROE / Michael c melton

MICHAEL C MELTON

Date Approved

05/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MICHAEL C MELTON

Borrower Address

124 B Winchester Ave

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-3000

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116900.00

Current Approval Amount

111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-3000

CD

NC-08

Jobs Reported

11

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111000.00

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

Sole Proprietorship

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111937.33

Forgiveness Date

03/29/2021

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