PPP Loan information for Molar inc

$331,237

Molar inc was initially approved for PPP Loan of amount $331,237, the current approved amount is $331,237. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 31 jobs and $331,237 was used to fund payroll.

Molar inc is New Business or 2 years or less

PPP Loan Search / OH / Hubbard / Molar inc

MOLAR INC

Date Approved

04/30/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MOLAR INC

Borrower Address

45 East Liberty Street

Borrower City

Hubbard

Borrower State

OH

Borrower Zip

44425

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331237.00

Current Approval Amount

331237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Hubbard

Project County Name

TRUMBULL

Project State

OH

Project Zip

44425-0001

CD

OH-14

Jobs Reported

31

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41404.62

Payroll Proceed

248427.76

Mortgage Interest Proceed

0.00

Rent Proceed

41404.62

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335484.09

Forgiveness Date

08/13/2021

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