PPP Loan information for The melvin corporation

$103,368

The melvin corporation was initially approved for PPP Loan of amount $103,368, the current approved amount is $103,368. The loan was approved on 02/24/2021 by The Cornerstone Bank reported 14 jobs and $103,368 was used to fund payroll.

The melvin corporation is Existing or more than 2 years old

PPP Loan Search / VA / Lexington / The melvin corporation

THE MELVIN CORPORATION

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE MELVIN CORPORATION

Borrower Address

534 E Nelson St

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-2731

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103368.00

Current Approval Amount

103368.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

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

14

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103367.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103699.34

Forgiveness Date

06/23/2021

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