# PPP loan: MELE COMPANIES, INC.
> **$431K** approved 04/08/2020 · Paid in Full · Loan `8560357010`
## Borrower
- **Name:** MELE COMPANIES, INC.
- **Address:** 2007 Beechgrove Place, UTICA, NY, 13501-1703
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 29
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*