# PPP loan: MELOTTE ENTERPRISES, INC
> **$504K** approved 04/07/2020 · Paid in Full · Loan `7206717003`
## Borrower
- **Name:** MELOTTE ENTERPRISES, INC
- **Address:** 1802 Drayton Rd Suite 130, DRAYTON, SC, 29333
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $403K
- **Rent:** $62K
- **Utilities:** $13K
- **Health care:** $21K
- **Debt interest:** $4K
- **Jobs reported:** 178
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*