PPP Loan information for The melvin corporation

$111,600

The melvin corporation was initially approved for PPP Loan of amount $111,600, the current approved amount is $111,600. The loan was approved on 04/10/2020 by The Select Bank reported 16 jobs and $111,600 was used to fund payroll.

The melvin corporation is Existing or more than 2 years old

THE MELVIN CORPORATION

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE MELVIN CORPORATION

Borrower Address

534 NELSON ST

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-2731

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111600.00

Current Approval Amount

111600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-2731

CD

VA-06

Jobs Reported

16

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111600.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112303.23

Forgiveness Date

12/02/2020

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