# PPP loan: MELMARC PRODUCTS INC.
> **$1.09M** approved 04/11/2020 · Paid in Full · Loan `3247167100`
## Borrower
- **Name:** MELMARC PRODUCTS INC.
- **Address:** 752 S. Campus Ave., ONTARIO, CA, 91761-1728
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 73
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*