# PPP loan: MELTON MACHINE & CONTROL COMPANY
> **$4.71M** approved 04/04/2020 · Paid in Full · Loan `4840077005`
## Borrower
- **Name:** MELTON MACHINE & CONTROL COMPANY
- **Address:** 901 Melton Drive, WASHINGTON, MO, 63090-1036
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.71M
- **Initial approval:** $3.67M
- **Forgiven:** $4.77M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.29M
- **Mortgage interest:** $75K
- **Utilities:** $66K
- **Health care:** $267K
- **Debt interest:** $14K
- **Jobs reported:** 210
## Lender
- **Originating:** First State Community Bank
- **Servicing:** First State Community Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*