PPP Loan information for Brooklyn music school

$500,000

Brooklyn music school was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/23/2021 by The HSBC Bank USA, National Association reported 106 jobs and $500,000 was used to fund payroll.

Brooklyn music school is Existing or more than 2 years old

BROOKLYN MUSIC SCHOOL

Date Approved

03/23/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

BROOKLYN MUSIC SCHOOL

Borrower Address

126 Saint Felix St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11217-1423

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11217-1423

CD

NY-10

Jobs Reported

106

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

Non-Profit Organization

Originating Lender Location Id

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

504069.44

Forgiveness Date

02/02/2022

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