# PPP loan: MEL PHARM INC
> **$270K** approved 04/14/2020 · Paid in Full · Loan `5748457101`
## Borrower
- **Name:** MEL PHARM INC
- **Address:** 402 S. Madera Ave., MADERA, CA, 93637-3202
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 42
## 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*