PPP Loan information for Melton electric inc.

$3,697,467

Melton electric inc. was initially approved for PPP Loan of amount $3,697,467, the current approved amount is $3,697,467. The loan was approved on 05/01/2020 by The Hancock Whitney Bank reported 275 jobs and $3,697,467 was used to fund payroll.

Melton electric inc. is New Business or 2 years or less

PPP Loan Search / TX / HOUSTON / Melton electric inc.

MELTON ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MELTON ELECTRIC INC.

Borrower Address

2309 KARBACH ST

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77092

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3697467.00

Current Approval Amount

3697467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77092-0001

CD

TX-18

Jobs Reported

275

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3697467.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3738652.67

Forgiveness Date

06/11/2021

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