PPP Loan information for Milano music center inc.

$450,000

Milano music center inc. was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/14/2020 by The Customers Bank reported 50 jobs and $450,000 was used to fund payroll.

Milano music center inc. is Existing or more than 2 years old

MILANO MUSIC CENTER INC.

Date Approved

04/14/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MILANO MUSIC CENTER INC.

Borrower Address

38 W Main Street

Borrower City

Mesa

Borrower State

AZ

Borrower Zip

85201

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesa

Project County Name

MARICOPA

Project State

AZ

Project Zip

85201-1000

CD

AZ-04

Jobs Reported

50

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452219.18

Forgiveness Date

11/03/2020

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