Meladi INC

$27,500 PPP Loan in Grinnell, Iowa

Loan Details

Loan Number
4723997000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$27,500
Current Approval
$27,500
Forgiveness Amount
$27,705
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Meladi INC
Address
1902 West St South
State
Iowa
ZIP Code
50112-8156
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Quality Inn by Choice Hotels /quality Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$20,900
Utilities
$3,300
Mortgage Interest
$3,300

Lender Information

Servicing Lender
First Central State Bank
Originating Lender
First Central State Bank

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