# PPP loan: MELROSE PYROTECHNICS INC
> **$450K** approved 01/22/2021 · Paid in Full · Loan `3370968302`
## Borrower
- **Name:** MELROSE PYROTECHNICS INC
- **Address:** 1 Kingsbury Industrial Park, Kingsbury, IN, 46345
- **NAICS:** 713990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $450K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*