PPP Loan information for Molon motor & coil corp.

$1,004,025

Molon motor & coil corp. was initially approved for PPP Loan of amount $1,004,025, the current approved amount is $1,004,025. The loan was approved on 04/10/2020 by The Fifth Third Bank reported 109 jobs and $1,004,025 was used to fund payroll.

Molon motor & coil corp. is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Molon motor & coil corp.

MOLON MOTOR & COIL CORP.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MOLON MOTOR & COIL CORP.

Borrower Address

300 N RIDGE AVE

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-1376

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1004025.00

Current Approval Amount

1004025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-1376

CD

IL-08

Jobs Reported

109

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1004025.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1010104.93

Forgiveness Date

11/25/2020

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