PPP Loan information for Melrose associates inc

$85,048

Melrose associates inc was initially approved for PPP Loan of amount $85,048, the current approved amount is $85,048. The loan was approved on 02/12/2021 by The Magnifi Financial CU reported 10 jobs and $85,048 was used to fund payroll.

Melrose associates inc is Existing or more than 2 years old

PPP Loan Search / MN / Melrose / Melrose associates inc

MELROSE ASSOCIATES INC

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MELROSE ASSOCIATES INC

Borrower Address

224 Turkey Ln

Borrower City

Melrose

Borrower State

MN

Borrower Zip

56352-1375

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85048.00

Current Approval Amount

85048.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

STEARNS

Project State

MN

Project Zip

56352-1375

CD

MN-07

Jobs Reported

10

NAICS Code

112330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85046.00

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

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85308.97

Forgiveness Date

06/15/2021

;