PPP Loan information for Megatrax production music inc

$559,877

Megatrax production music inc was initially approved for PPP Loan of amount $559,877, the current approved amount is $559,877. The loan was approved on 02/03/2021 by The City National Bank reported 31 jobs and $559,877 was used to fund payroll.

Megatrax production music inc is Existing or more than 2 years old

PPP Loan Search / CA / North Hollywood / Megatrax production music inc

MEGATRAX PRODUCTION MUSIC INC

Date Approved

02/03/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MEGATRAX PRODUCTION MUSIC INC

Borrower Address

7629 Fulton Ave

Borrower City

North Hollywood

Borrower State

CA

Borrower Zip

91605-1805

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

559877.00

Current Approval Amount

559877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Hollywood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91605-1805

CD

CA-29

Jobs Reported

31

NAICS Code

512290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

559876.00

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

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

566702.90

Forgiveness Date

04/26/2022

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