# PPP loan: MELDRUM ASSOCIATES INC.
> **$163K** approved 04/27/2020 · Paid in Full · Loan `4527827205`
## Borrower
- **Name:** MELDRUM ASSOCIATES INC.
- **Address:** 21 Equator Avenue, Flagtown, NJ, 08821
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*