# PPP loan: MOLNAR ENGINEERING, INC.
> **$720K** approved 04/10/2020 · Paid in Full · Loan `1223127106`
## Borrower
- **Name:** MOLNAR ENGINEERING, INC.
- **Address:** 20731 MARILLA ST, CHATSWORTH, CA, 91311-4408
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $728K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 48
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*