# PPP loan: MEL WHEELER INC.
> **$758K** approved 04/08/2020 · Paid in Full · Loan `8349117002`
## Borrower
- **Name:** MEL WHEELER INC.
- **Address:** 3934 Electric Rd 0.0, Roanoke, VA, 24018-4513
- **NAICS:** 515112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $758K
- **Initial approval:** $758K
- **Forgiven:** $764K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Rent:** $24K
- **Utilities:** $8K
- **Health care:** $84K
- **Debt interest:** $9K
- **Jobs reported:** 64
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*