Molon Motor & Coil Corp.

$1,004,025 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
2565367102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,004,025
Current Approval
$1,004,025
Forgiveness Amount
$1,010,105
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Molon Motor & Coil Corp.
Address
300 N Ridge Ave
ZIP Code
60005-1376
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$28.5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,004,025

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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