PPP borrower record

MOLON MOTOR & COIL CORP. PPP loan record

Public SBA PPP loan record for MOLON MOTOR & COIL CORP.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,004,025
Approved amount
$1,010,105
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
MOLON MOTOR & COIL CORP.
Loan number
2565367102
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Arlington Heights
Borrower state
Illinois
Borrower ZIP
60005
Jobs reported
109
Loan status
Paid in Full
Forgiveness date
2020-11-25
Servicing lender
Fifth Third Bank
Originating lender
Fifth Third Bank

Reported use of proceeds

Payroll
$1,004,025
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.