PPP Loan information for Mel's small engine

$24,400

Mel's small engine was initially approved for PPP Loan of amount $24,400, the current approved amount is $24,400. The loan was approved on 04/06/2020 by The First Bank of Bancroft reported 4 jobs and $24,400 was used to fund payroll.

Mel's small engine is Existing or more than 2 years old

MEL'S SMALL ENGINE

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MEL'S SMALL ENGINE

Borrower Address

103 Washington St

Borrower City

BANCROFT

Borrower State

NE

Borrower Zip

68004-3555

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24400.00

Current Approval Amount

24400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42058

Servicing Lender Name

First Bank of Bancroft

Servicing Lender Address

301 Main St

Servicing Lender City

BANCROFT

Servicing Lender State

NE

Servicing Lender Zip

68004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANCROFT

Project County Name

CUMING

Project State

NE

Project Zip

68004-3555

CD

NE-01

Jobs Reported

4

NAICS Code

811411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19500.00

Mortgage Interest Proceed

4900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

42058

Originating Lender

First Bank of Bancroft

Originating Lender City

BANCROFT

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24537.59

Forgiveness Date

11/02/2020

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