PPP Loan information for Molecular coatings inc.

$174,469

Molecular coatings inc. was initially approved for PPP Loan of amount $174,469, the current approved amount is $174,469. The loan was approved on 02/09/2021 by The Verus Bank of Commerce reported 16 jobs and $174,469 was used to fund payroll.

Molecular coatings inc. is Existing or more than 2 years old

PPP Loan Search / CO / Loveland / Molecular coatings inc.

MOLECULAR COATINGS INC.

Date Approved

02/09/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MOLECULAR COATINGS INC.

Borrower Address

943 E 11th St

Borrower City

Loveland

Borrower State

CO

Borrower Zip

80537-4939

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174468.95

Current Approval Amount

174468.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434659

Servicing Lender Name

Verus Bank of Commerce

Servicing Lender Address

3700 S College Ave, Unit 102

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Loveland

Project County Name

LARIMER

Project State

CO

Project Zip

80537-4939

CD

CO-04

Jobs Reported

16

NAICS Code

238320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174466.95

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

434659

Originating Lender

Verus Bank of Commerce

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175104.69

Forgiveness Date

06/23/2021

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