PPP Loan information for American musical supply, inc.

$5,769,000

American musical supply, inc. was initially approved for PPP Loan of amount $5,769,000, the current approved amount is $5,769,000. The loan was approved on 04/13/2020 by The Peapack-Gladstone Bank reported 474 jobs and $5,769,000 was used to fund payroll.

American musical supply, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / OAKLAND / American musical supply, inc.

AMERICAN MUSICAL SUPPLY, INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN MUSICAL SUPPLY, INC.

Borrower Address

8 THORNTON RD

Borrower City

OAKLAND

Borrower State

NJ

Borrower Zip

07436-3116

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5769000.00

Current Approval Amount

5769000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43251

Servicing Lender Name

Peapack-Gladstone Bank

Servicing Lender Address

500 Hills Dr, Ste 300

Servicing Lender City

BEDMINSTER

Servicing Lender State

NJ

Servicing Lender Zip

07921-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

BERGEN

Project State

NJ

Project Zip

07436-3116

CD

NJ-09

Jobs Reported

474

NAICS Code

451140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5769000.00

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

Corporation

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5236346.99

Forgiveness Date

12/13/2021

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