# PPP loan: THE MOLECULE, INC.
> **$1.13M** approved 04/05/2020 · Paid in Full · Loan `5326287000`
## Borrower
- **Name:** THE MOLECULE, INC.
- **Address:** 104 West 29th Street 5th Floor, NEW YORK, NY, 10001-5301
- **NAICS:** 512191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $851K
- **Rent:** $284K
- **Jobs reported:** 60
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*