Melzer's Fuel Service, Inc.

$380,000 PPP Loan in Painesville, Ohio

Loan Details

Loan Number
5217007009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$380,000
Current Approval
$380,000
Forgiveness Amount
$383,373
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Melzer's Fuel Service, Inc.
Address
755 E Erie St
State
Ohio
ZIP Code
44077-4403
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$300,000
Rent
$26,000
Utilities
$20,000
Health Care
$34,000

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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