PPP Loan information for Molo oil company

$655,700

Molo oil company was initially approved for PPP Loan of amount $655,700, the current approved amount is $655,700. The loan was approved on 02/22/2021 by The MidWestOne Bank reported 226 jobs and $655,700 was used to fund payroll.

Molo oil company is Existing or more than 2 years old

PPP Loan Search / IA / Dubuque / Molo oil company

MOLO OIL COMPANY

Date Approved

02/22/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MOLO OIL COMPANY

Borrower Address

123 Southern Ave

Borrower City

Dubuque

Borrower State

IA

Borrower Zip

52003-7847

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

655700.00

Current Approval Amount

655700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dubuque

Project County Name

DUBUQUE

Project State

IA

Project Zip

52003-7847

CD

IA-02

Jobs Reported

226

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

655698.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

657976.74

Forgiveness Date

07/02/2021

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