PPP Loan information for Mola bakery and cafe, inc

$146,965

Mola bakery and cafe, inc was initially approved for PPP Loan of amount $146,965, the current approved amount is $146,965. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $146,965 was used to fund payroll.

Mola bakery and cafe, inc is New Business or 2 years or less

MOLA BAKERY AND CAFE, INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MOLA BAKERY AND CAFE, INC

Borrower Address

175 RIVERS EDGE DR

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-5456

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146965.00

Current Approval Amount

146965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-5456

CD

MA-05

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146965.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148096.43

Forgiveness Date

02/10/2021

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