# PPP loan: PATRICK S MOLAK CORP
> **$2.00M** approved 03/04/2021 · Paid in Full · Loan `6853518501`
## Borrower
- **Name:** PATRICK S MOLAK CORP
- **Address:** 1601 Hunter Rd, New Braunfels, TX, 78130-3005
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*