PPP Loan information for Music education services, inc.

$201,361

Music education services, inc. was initially approved for PPP Loan of amount $201,300, the current approved amount is $201,361. The loan was approved on 04/05/2020 by The State Bank of the Lakes, National Association reported 24 jobs and $201,361 was used to fund payroll.

Music education services, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Music education services, inc.

MUSIC EDUCATION SERVICES, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MUSIC EDUCATION SERVICES, INC.

Borrower Address

1041 BONAVENTURE DR

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-3277

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201300.00

Current Approval Amount

201361.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-3277

CD

IL-08

Jobs Reported

24

NAICS Code

451140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50825.00

Payroll Proceed

150536.00

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

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203273.93

Forgiveness Date

03/24/2021

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