PPP Loan information for Music academy of the west

$482,150

Music academy of the west was initially approved for PPP Loan of amount $482,150, the current approved amount is $482,150. The loan was approved on 03/28/2021 by The Montecito Bank & Trust reported 22 jobs and $482,150 was used to fund payroll.

Music academy of the west is Existing or more than 2 years old

PPP Loan Search / CA / Santa Barbara / Music academy of the west

MUSIC ACADEMY OF THE WEST

Date Approved

03/28/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MUSIC ACADEMY OF THE WEST

Borrower Address

1070 Fairway Rd

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93108-2865

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

482150.00

Current Approval Amount

482150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5852

Servicing Lender Name

Montecito Bank & Trust

Servicing Lender Address

1000 State St

Servicing Lender City

SANTA BARBARA

Servicing Lender State

CA

Servicing Lender Zip

93101-2711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93108-2865

CD

CA-24

Jobs Reported

22

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

482144.00

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

5852

Originating Lender

Montecito Bank & Trust

Originating Lender City

SANTA BARBARA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486852.61

Forgiveness Date

03/23/2022

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