# PPP loan: MELROSE NAMEPLATE AND LABEL COMPANY INC
> **$361K** approved 05/01/2020 · Paid in Full · Loan `3061157709`
## Borrower
- **Name:** MELROSE NAMEPLATE AND LABEL COMPANY INC
- **Address:** 26575 CORPORATE AVE, HAYWARD, CA, 94545
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Mortgage interest:** $13K
- **Utilities:** $8K
- **Health care:** $24K
- **Debt interest:** $2K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*