PPP Loan information for Melfa wealth management, inc

$150,000

Melfa wealth management, inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/11/2020 by The Avidia Bank reported 6 jobs and $150,000 was used to fund payroll.

Melfa wealth management, inc is Existing or more than 2 years old

MELFA WEALTH MANAGEMENT, INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MELFA WEALTH MANAGEMENT, INC

Borrower Address

1500 W PARK DR

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581-3907

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-3907

CD

MA-02

Jobs Reported

6

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151083.33

Forgiveness Date

01/07/2021

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