# PPP loan: MELROSE VILLAS INC
> **$178K** approved 02/05/2021 · Paid in Full · Loan `3449028403`
## Borrower
- **Name:** MELROSE VILLAS INC
- **Address:** 823 N Poinsettia Pl, Los Angeles, CA, 90046-7623
- **NAICS:** 623312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 81
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*