PPP Loan information for Melching machine inc

$405,905

Melching machine inc was initially approved for PPP Loan of amount $405,905, the current approved amount is $405,905. The loan was approved on 01/26/2021 by The PNC Bank, National Association reported 33 jobs and $405,905 was used to fund payroll.

Melching machine inc is Existing or more than 2 years old

PPP Loan Search / IN / Ossian / Melching machine inc

MELCHING MACHINE INC

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MELCHING MACHINE INC

Borrower Address

1630 Baker Dr

Borrower City

Ossian

Borrower State

IN

Borrower Zip

46777-9391

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405905.00

Current Approval Amount

405905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ossian

Project County Name

WELLS

Project State

IN

Project Zip

46777-9391

CD

IN-03

Jobs Reported

33

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

405903.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

409682.17

Forgiveness Date

01/03/2022

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