PPP Loan information for Midcoast music academy

$16,176

Midcoast music academy was initially approved for PPP Loan of amount $16,176, the current approved amount is $16,176. The loan was approved on 02/19/2021 by The Bar Harbor Bank & Trust reported 3 jobs and $16,176 was used to fund payroll.

Midcoast music academy is Existing or more than 2 years old

MIDCOAST MUSIC ACADEMY

Date Approved

02/19/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MIDCOAST MUSIC ACADEMY

Borrower Address

821 Commercial St

Borrower City

Rockport

Borrower State

ME

Borrower Zip

04856-4243

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16176.00

Current Approval Amount

16176.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockport

Project County Name

KNOX

Project State

ME

Project Zip

04856-4243

CD

ME-01

Jobs Reported

3

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

16172.00

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

Professional Association

Originating Lender Location Id

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16273.06

Forgiveness Date

09/28/2021

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