PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Melrose Antiques And Interiors LLC, Orange, VA

ALERT: There are 2 PPP loans for a total of $18,831 in our database for businesses with the name "Melrose Antiques And Interiors LLC" in Orange, VA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Melrose Antiques And Interiors LLC
VA

Melrose Antiques And Interiors LLC

Entity: Limited Liability Company (LLC)

Industry: Furniture Stores

Location: Orange, VA

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Melrose Antiques And Interiors LLC is a limited liability company (LLC) located in Orange, Virginia that received a Coronavirus-related PPP loan from the SBA of $18,441.00 in March, 2021.

$ PPP Loan Information
Loan #6218858608

Loan Size:

$18,441

Jobs Retained:

1

Loan Approved:

2021-03-20

Loan Status:

Paid in Full or Forgiven

Lender:

Bank of America, National Association

Melrose Antiques And Interiors LLC in Orange, VA received a Paycheck Protection Loan of $18,441 through Bank of America, National Association, which was approved in March, 2021.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Melrose Antiques And Interiors LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $18,439
  • Utilities: $1

Business Information - Melrose Antiques And Interiors LLC in Orange, VA

Melrose Antiques And Interiors LLC
Orange, VA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Furniture Stores
NAICS code 442110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Rural

Orange County, VA — SBA Office 0304 — Congressional District: VA-07

Similar Companies near Orange

In the Orange area, 2 businesses in the "Furniture Stores" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $19,945 (compared to this company's $18,441).

Similar Nearby Businesses Who Received PPP Funding:

Paul A. Williams III
Orange, VA

$21,448 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 16,172 businesses in the "Furniture Stores" industry received a total of $1.52B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 10 employees, 900% higher than Melrose Antiques And Interiors LLC's reported 1 employees, and received an average PPP loan of $94,166, 411% higher than this company's loan of $18,441.

SBA PPP loan data, payroll data, and salaries for Melrose Antiques And Interiors LLC
VA

Melrose Antiques And Interiors LLC

Entity: Limited Liability Company (LLC)

Industry: Used Merchandise Stores

Location: Orange, VA

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Melrose Antiques And Interiors LLC is a limited liability company (LLC) located in Orange, Virginia that received a Coronavirus-related PPP loan from the SBA of $390.00 in May, 2020.

$ PPP Loan Information
Loan #5324067708

Loan Size:

$390

Jobs Retained:

1

Loan Approved:

2020-05-01

Loan Status:

Paid in Full or Forgiven

Lender:

Bank of America, National Association

Melrose Antiques And Interiors LLC in Orange, VA received a Paycheck Protection Loan of $390 through Bank of America, National Association, which was approved in May, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Melrose Antiques And Interiors LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $390

Business Information - Melrose Antiques And Interiors LLC in Orange, VA

Melrose Antiques And Interiors LLC
Orange, VA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Used Merchandise Stores
NAICS code 453310

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Orange County, VA — SBA Office 0304 — Congressional District: VA-07

Similar Companies near Orange

In the Orange area, 5 businesses in the "Used Merchandise Stores" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $11,338 (compared to this company's $390).

Industry PPP Comparison Statistics

Nationwide, 12,154 businesses in the "Used Merchandise Stores" industry received a total of $577.37M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 8 employees, 700% higher than Melrose Antiques And Interiors LLC's reported 1 employees, and received an average PPP loan of $47,505, 12081% higher than this company's loan of $390.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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Source: www.federalpay.org/paycheck-protection-program/melrose-antiques-and-interiors-llc-orange-va