PPP Loan information for Molasses llc

$222,747

Molasses llc was initially approved for PPP Loan of amount $222,747, the current approved amount is $222,747. The loan was approved on 02/12/2021 by The Mercantile Bank reported 25 jobs and $222,747 was used to fund payroll.

Molasses llc is Existing or more than 2 years old

PPP Loan Search / MI / Midland / Molasses llc

MOLASSES LLC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOLASSES LLC

Borrower Address

201 E Main St

Borrower City

Midland

Borrower State

MI

Borrower Zip

48640-5113

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222747.00

Current Approval Amount

222747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

MI

Project Zip

48640-5113

CD

MI-04

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222743.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224583.90

Forgiveness Date

12/16/2021

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