PPP Loan information for Los angeles college of music

$791,950

Los angeles college of music was initially approved for PPP Loan of amount $791,950, the current approved amount is $791,950. The loan was approved on 04/10/2021 by The Citizens Business Bank reported 50 jobs and $791,950 was used to fund payroll.

Los angeles college of music is Existing or more than 2 years old

LOS ANGELES COLLEGE OF MUSIC

Date Approved

04/10/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

LOS ANGELES COLLEGE OF MUSIC

Borrower Address

300 S Fair Oaks Ave

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91105-2540

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

791950.00

Current Approval Amount

791950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91105-2540

CD

CA-28

Jobs Reported

50

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

791947.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798046.93

Forgiveness Date

01/26/2022

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