# PPP loan: MELRO FINANCIAL SERVICES INC.
> **$268K** approved 02/27/2021 · Paid in Full · Loan `5237898501`
## Borrower
- **Name:** MELRO FINANCIAL SERVICES INC.
- **Address:** 400 S El Camino Real Ste 760, San Mateo, CA, 94402-1761
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 19
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*