PPP Loan information for Melon inc

$162,500

Melon inc was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/05/2020 by The Legacy National Bank reported 37 jobs and $162,500 was used to fund payroll.

Melon inc is Existing or more than 2 years old

MELON INC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MELON INC

Borrower Address

220 N WEST AVE

Borrower City

FAYETTEVILLE

Borrower State

AR

Borrower Zip

72701-5043

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434010

Servicing Lender Name

Legacy National Bank

Servicing Lender Address

4055 W Sunset Ave

Servicing Lender City

SPRINGDALE

Servicing Lender State

AR

Servicing Lender Zip

72762-4801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72701-5043

CD

AR-03

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20312.00

Payroll Proceed

121875.00

Mortgage Interest Proceed

0.00

Rent Proceed

20313.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434010

Originating Lender

Legacy National Bank

Originating Lender City

SPRINGDALE

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

163790.97

Forgiveness Date

01/27/2021

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