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Molecular Repair Concepts, Inc.

$37,450 PPP Loan in Crosslake, Minnesota

Loan Details

Loan Number
9819107108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$37,450
Current Approval
$37,450
Forgiveness Amount
$37,699
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Molecular Repair Concepts, Inc.
Address
Po Box 580
City
Crosslake
State
Minnesota
ZIP Code
56442
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$28,100
Utilities
$3,745
Mortgage Interest
$5,605

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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