PPP Loan information for Marion music academy, llc

$41,200

Marion music academy, llc was initially approved for PPP Loan of amount $41,200, the current approved amount is $41,200. The loan was approved on 04/07/2020 by The Hills Bank and Trust Company reported 14 jobs and $41,200 was used to fund payroll.

Marion music academy, llc is Existing or more than 2 years old

MARION MUSIC ACADEMY, LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MARION MUSIC ACADEMY, LLC

Borrower Address

940 8TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-5759

Loan Status Date

03/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41200.00

Current Approval Amount

41200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-5759

CD

IA-02

Jobs Reported

14

NAICS Code

611610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31366.40

Forgiveness Date

10/30/2020

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