PPP Loan information for Community music school of springfield

$304,000

Community music school of springfield was initially approved for PPP Loan of amount $304,000, the current approved amount is $304,000. The loan was approved on 04/11/2020 by The Berkshire Bank reported 80 jobs and $304,000 was used to fund payroll.

Community music school of springfield is Existing or more than 2 years old

COMMUNITY MUSIC SCHOOL OF SPRINGFIELD

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

COMMUNITY MUSIC SCHOOL OF SPRINGFIELD

Borrower Address

127 State Street

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01103-1929

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304000.00

Current Approval Amount

304000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01103-1929

CD

MA-01

Jobs Reported

80

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304000.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

306790.14

Forgiveness Date

03/30/2021

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