PPP Loan information for 516 music group llc

$37,500

516 music group llc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 07/14/2020 by The Bank of America, National Association reported 3 jobs and $37,500 was used to fund payroll.

516 music group llc is Existing or more than 2 years old

PPP Loan Search / GA / LITHIA SPRINGS / 516 music group llc

516 MUSIC GROUP LLC

Date Approved

07/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

516 MUSIC GROUP LLC

Borrower Address

3170 E ANDERSON DR

Borrower City

LITHIA SPRINGS

Borrower State

GA

Borrower Zip

30122-2503

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITHIA SPRINGS

Project County Name

DOUGLAS

Project State

GA

Project Zip

30122-2503

CD

GA-13

Jobs Reported

3

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22638.70

Forgiveness Date

02/25/2021

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