PPP Loan information for Merchants music co. inc.

$8,700

Merchants music co. inc. was initially approved for PPP Loan of amount $8,700, the current approved amount is $8,700. The loan was approved on 04/09/2020 by The Security Bank and Trust Company reported 3 jobs and $8,700 was used to fund payroll.

Merchants music co. inc. is Existing or more than 2 years old

MERCHANTS MUSIC CO. INC.

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MERCHANTS MUSIC CO. INC.

Borrower Address

212 COMMERCE ST

Borrower City

COMMERCE

Borrower State

OK

Borrower Zip

74339-2216

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8700.00

Current Approval Amount

8700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59067

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

2 S Main St

Servicing Lender City

MIAMI

Servicing Lender State

OK

Servicing Lender Zip

74354-7023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COMMERCE

Project County Name

OTTAWA

Project State

OK

Project Zip

74339-2216

CD

OK-02

Jobs Reported

3

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

362.00

Payroll Proceed

6993.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1345.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59067

Originating Lender

Security Bank and Trust Company

Originating Lender City

MIAMI

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8752.20

Forgiveness Date

11/19/2020

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