PPP Loan information for Molo petroleum llc

$790,900

Molo petroleum llc was initially approved for PPP Loan of amount $790,900, the current approved amount is $790,900. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 55 jobs and $790,900 was used to fund payroll.

Molo petroleum llc is Existing or more than 2 years old

PPP Loan Search / IA / DUBUQUE / Molo petroleum llc

MOLO PETROLEUM LLC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MOLO PETROLEUM LLC

Borrower Address

123 Southern Avenue

Borrower City

DUBUQUE

Borrower State

IA

Borrower Zip

52003-7847

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

790900.00

Current Approval Amount

790900.00

Undisbursed Amount

0.00

Franchise Name

Molo Petroleum - Retail Dealer Motor Fuel Purchase  Contract

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

55

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

49431.25

Payroll Proceed

593175.00

Mortgage Interest Proceed

49431.25

Rent Proceed

49431.25

Refinance EIDL Proceed

0.00

Health Care Proceed

49431.25

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

797249.17

Forgiveness Date

01/26/2021

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