Milan INC

$113,500 PPP Loan in Blowing Rock, North Carolina

Loan Details

Loan Number
4171527305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$113,500
Current Approval
$113,500
Forgiveness Amount
$114,215
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Milan INC
Address
8412 Valley Blvd
ZIP Code
28605-9052
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$90,800
Utilities
$11,350
Mortgage Interest
$11,350

Lender Information

Servicing Lender
Mcnb Bank and Trust Co.
Originating Lender
Mcnb Bank and Trust Co.

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