Michael A. Melton and Maco Incorporated
521 Plato Lee Road., Shelby, NC 28150 · Other Metalworking Machinery Manufacturing (NAICS 333518)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$2.7M
Jobs Supported
84
Years Active
2011
Loan History (1)
Source: SBA FOIA7(a)$2,669,000
Exempt
- Approved
- Sep 26, 2011 (FY2011)
- SBA Guaranteed
- $2,001,750 (75%)
- Term
- 19 months (1.6 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 84
- Business Type
- Corporation
- Industry
- Other Metalworking Machinery Manufacturing (NAICS 333518)
Lender
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Project Location
Cleveland County, NC
Business Details
- Business Type
- Corporation
- NAICS Code
- 333518 — Other Metalworking Machinery Manufacturing
- Address
- 521 Plato Lee Road.
Shelby, NC 28150
Lender
- Readycap Lending, Llc
- 200 Connell Drive, Berkeley Heights, NJ 7922