Mel-Net, LLC

$70,700 PPP Loan in Gentry, Arkansas

Loan Details

Loan Number
1161197109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$70,700
Current Approval
$70,700
Forgiveness Amount
$71,306
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mel-Net, LLC
Address
129 Fowler Suite B
City
Gentry
ZIP Code
72734
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$53,025
Rent
$8,838
Utilities
$8,838

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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