PPP Loan information for Meladi inc

$27,500

Meladi inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/04/2020 by The First Central State Bank reported 6 jobs and $27,500 was used to fund payroll.

Meladi inc is Existing or more than 2 years old

MELADI INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MELADI INC

Borrower Address

1902 West St South

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-8156

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-8156

CD

IA-02

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3300.00

Payroll Proceed

20900.00

Mortgage Interest Proceed

3300.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27704.93

Forgiveness Date

01/08/2021

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