# PPP loan: MELVIN ENTERPRISES, INC.
> **$178K** approved 04/13/2020 · Paid in Full · Loan `4274087100`
## Borrower
- **Name:** MELVIN ENTERPRISES, INC.
- **Address:** 7165 N. SCENIC HWY, BASTIAN, VA, 24314-5185
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 20
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*