Molasses, LLC
$158,655 PPP Loan in Midland, Michigan
Loan Details
- Loan Number
- 7918277000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $158,655
- Current Approval
- $158,655
- Forgiveness Amount
- $159,855
- Forgiveness Date
- Jan 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Molasses, LLC
- Address
- 201 E Main St
- City
- Midland
- State
- Michigan
- ZIP Code
- 48640-5113
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $5.5M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $119,323
- Rent
- $20,656
- Utilities
- $9,150
- Mortgage Interest
- $5,700
- Debt Interest
- $3,826
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Midland, MI
| Business | Approved | |
|---|---|---|
| Three Rivers Corporation | $6,249,801 | |
| Bierlein Companies, Inc. | $3,959,897 | |
| Fisher Contracting Company | $2,486,788 | |
| Valley Electrical Contractors, Inc. | $1,852,200 | |
| Case Systems, Inc. | $1,780,265 |
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