PPP Loan information for Lorain music co

$171,842

Lorain music co was initially approved for PPP Loan of amount $171,842, the current approved amount is $171,842. The loan was approved on 04/09/2020 by The The Park National Bank reported 26 jobs and $171,842 was used to fund payroll.

Lorain music co is Existing or more than 2 years old

PPP Loan Search / OH / AMHERST / Lorain music co

LORAIN MUSIC CO

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LORAIN MUSIC CO

Borrower Address

1174 MILAN AVE

Borrower City

AMHERST

Borrower State

OH

Borrower Zip

44001-1320

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171842.00

Current Approval Amount

171842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMHERST

Project County Name

LORAIN

Project State

OH

Project Zip

44001-1320

CD

OH-05

Jobs Reported

26

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171842.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173325.02

Forgiveness Date

03/08/2021

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