PPP borrower record
MELROSE ELECTRIC, INC PPP loan record
Public SBA PPP loan record for MELROSE ELECTRIC, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$761,700
Approved amount
$765,999
Forgiven amount
2020-04-03
Date approved
Borrower and loan details
Borrower
MELROSE ELECTRIC, INC
Loan number
4355957005
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Melrose
Borrower state
Minnesota
Borrower ZIP
56352
Jobs reported
58
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Freeport State Bank
Originating lender
Freeport State Bank
Reported use of proceeds
Payroll
$741,415
Rent
$8,400
Utilities
$1,327
Mortgage interest
N/A
Health care
$10,558
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.