PPP Loan information for Melotti group inc

$17,100

Melotti group inc was initially approved for PPP Loan of amount $17,100, the current approved amount is $17,100. The loan was approved on 03/26/2021 by The East Cambridge Savings Bank reported 2 jobs and $17,100 was used to fund payroll.

Melotti group inc is Existing or more than 2 years old

MELOTTI GROUP INC

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MELOTTI GROUP INC

Borrower Address

179 Park St Unit 404

Borrower City

Medford

Borrower State

MA

Borrower Zip

02155-3372

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17100.00

Current Approval Amount

17100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32730

Servicing Lender Name

East Cambridge Savings Bank

Servicing Lender Address

292 Cambridge St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02141-1203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-3372

CD

MA-05

Jobs Reported

2

NAICS Code

238990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

17096.00

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

Corporation

Originating Lender Location Id

32730

Originating Lender

East Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17288.33

Forgiveness Date

05/16/2022

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