PPP Loan information for Molecular coatings, inc.

$159,368

Molecular coatings, inc. was initially approved for PPP Loan of amount $159,368, the current approved amount is $159,368. The loan was approved on 04/14/2020 by The Verus Bank of Commerce reported 16 jobs and $159,368 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

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MOLECULAR COATINGS, INC.

Borrower Address

943 E 11th St

Borrower City

Loveland

Borrower State

CO

Borrower Zip

80537

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159368.00

Current Approval Amount

159368.00

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

80537-0001

CD

CO-04

Jobs Reported

16

NAICS Code

238320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159368.00

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

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

150193.67

Forgiveness Date

11/03/2020

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