PPP Loan information for Milan inc.

$158,956

Milan inc. was initially approved for PPP Loan of amount $158,956, the current approved amount is $158,956. The loan was approved on 01/21/2021 by The MCNB Bank and Trust Co. reported 21 jobs and $158,956 was used to fund payroll.

Milan inc. is Existing or more than 2 years old

PPP Loan Search / NC / Blowing Rock / Milan inc.

MILAN INC.

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MILAN INC.

Borrower Address

8412 Valley Blvd

Borrower City

Blowing Rock

Borrower State

NC

Borrower Zip

28605-9052

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158956.00

Current Approval Amount

158956.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

75431

Servicing Lender Name

MCNB Bank and Trust Co.

Servicing Lender Address

75 Wyoming St

Servicing Lender City

WELCH

Servicing Lender State

WV

Servicing Lender Zip

24801-2434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blowing Rock

Project County Name

WATAUGA

Project State

NC

Project Zip

28605-9052

CD

NC-05

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158953.00

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

75431

Originating Lender

MCNB Bank and Trust Co.

Originating Lender City

WELCH

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

160245.31

Forgiveness Date

11/17/2021

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