PPP Loan information for Music inc

$112,925

Music inc was initially approved for PPP Loan of amount $112,925, the current approved amount is $112,925. The loan was approved on 02/04/2021 by The First National Bank Alaska reported 11 jobs and $112,925 was used to fund payroll.

Music inc is Existing or more than 2 years old

MUSIC INC

Date Approved

02/04/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

MUSIC INC

Borrower Address

1810 Burgess Ave

Borrower City

Fairbanks

Borrower State

AK

Borrower Zip

99709-5516

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112925.00

Current Approval Amount

112925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairbanks

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99709-5516

CD

AK-

Jobs Reported

11

NAICS Code

454210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112923.00

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

Subchapter S Corporation

Originating Lender Location Id

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113732.49

Forgiveness Date

11/01/2021

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