# PPP loan: MELRO FINANCIAL SERVICES, INC.
> **$268K** approved 04/10/2020 · Paid in Full · Loan `2475527109`
## Borrower
- **Name:** MELRO FINANCIAL SERVICES, INC.
- **Address:** 400 S. EL CAMINO REAL, SUITE 760, SAN MATEO, CA, 94402-1700
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $292K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 10
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*