PPP Loan information for Molon asphalt, inc.

$149,300

Molon asphalt, inc. was initially approved for PPP Loan of amount $149,300, the current approved amount is $149,300. The loan was approved on 04/11/2020 by The Independent Bank reported 14 jobs and $149,300 was used to fund payroll.

Molon asphalt, inc. is Existing or more than 2 years old

MOLON ASPHALT, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOLON ASPHALT, INC.

Borrower Address

18695 HONOR HWY

Borrower City

INTERLOCHEN

Borrower State

MI

Borrower Zip

49643-8645

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149300.00

Current Approval Amount

149300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INTERLOCHEN

Project County Name

BENZIE

Project State

MI

Project Zip

49643-8645

CD

MI-01

Jobs Reported

14

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149300.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

150392.14

Forgiveness Date

01/07/2021

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