PPP Loan information for Community music center of boston inc

$353,830

Community music center of boston inc was initially approved for PPP Loan of amount $353,830, the current approved amount is $353,830. The loan was approved on 03/26/2021 by The Loan Source Incorporated reported 80 jobs and $353,830 was used to fund payroll.

Community music center of boston inc is Existing or more than 2 years old

COMMUNITY MUSIC CENTER OF BOSTON INC

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COMMUNITY MUSIC CENTER OF BOSTON INC

Borrower Address

34 Warren Ave

Borrower City

Boston

Borrower State

MA

Borrower Zip

02116-6104

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

353830.00

Current Approval Amount

353830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02116-6104

CD

MA-07

Jobs Reported

80

NAICS Code

611610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

353828.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

357562.18

Forgiveness Date

04/21/2022

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