PPP Loan information for Community music school of springfield

$281,912

Community music school of springfield was initially approved for PPP Loan of amount $281,912, the current approved amount is $281,912. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 72 jobs and $281,912 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

02/10/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

COMMUNITY MUSIC SCHOOL OF SPRINGFIELD

Borrower Address

127 State St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01103-1929

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281912.00

Current Approval Amount

281912.00

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

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

72

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

281910.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

285642.51

Forgiveness Date

06/16/2022

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