PPP Loan information for Melton automotive inc.

$56,183

Melton automotive inc. was initially approved for PPP Loan of amount $56,183, the current approved amount is $56,183. The loan was approved on 02/06/2021 by The West Alabama Bank & Trust reported 8 jobs and $56,183 was used to fund payroll.

Melton automotive inc. is Existing or more than 2 years old

MELTON AUTOMOTIVE INC.

Date Approved

02/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MELTON AUTOMOTIVE INC.

Borrower Address

718 Fulton Springs Rd

Borrower City

Alabaster

Borrower State

AL

Borrower Zip

35007-5325

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56182.90

Current Approval Amount

56182.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3217

Servicing Lender Name

West Alabama Bank & Trust

Servicing Lender Address

509 1st Ave W

Servicing Lender City

REFORM

Servicing Lender State

AL

Servicing Lender Zip

35481-4602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alabaster

Project County Name

SHELBY

Project State

AL

Project Zip

35007-5325

CD

AL-06

Jobs Reported

8

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56179.90

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

3217

Originating Lender

West Alabama Bank & Trust

Originating Lender City

REFORM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56401.39

Forgiveness Date

07/06/2021

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