PPP Loan information for Mol belting systems, inc.

$995,900

Mol belting systems, inc. was initially approved for PPP Loan of amount $995,900, the current approved amount is $995,900. The loan was approved on 04/28/2020 by The Comerica Bank reported 82 jobs and $995,900 was used to fund payroll.

Mol belting systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Mol belting systems, inc.

MOL BELTING SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOL BELTING SYSTEMS, INC.

Borrower Address

2532 Waldorf Court, NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49544-1472

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995900.00

Current Approval Amount

995900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49544-1472

CD

MI-03

Jobs Reported

82

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

796700.00

Mortgage Interest Proceed

199200.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1007131.54

Forgiveness Date

06/22/2021

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