Melrose Associates INC
$92,500 PPP Loan in Melrose, Minnesota
Loan Details
- Loan Number
- 9247607000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $92,500
- Current Approval
- $92,500
- Forgiveness Amount
- $93,014
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Melrose Associates INC
- Address
- 224 Turkey Ln SE
- City
- Melrose
- State
- Minnesota
- ZIP Code
- 56352-1373
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $85,000
- Mortgage Interest
- $7,500
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Melrose, MN
| Business | Approved | |
|---|---|---|
| Leedstone, INC | $1,875,000 |  AI Deep Dive |
| Melrose Electric, INC | $761,700 | AI Deep Dive |
| Rahn's Oil & Propane Inc. | $724,471 | AI Deep Dive |
| Rahn's Oil & Propane, Inc. | $661,000 | AI Deep Dive |
| Commercial Contractors Co. of Melrose, Inc. | $425,200 | AI Deep Dive |
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