PPP Loan information for Music technology inc.

$41,908

Music technology inc. was initially approved for PPP Loan of amount $41,908, the current approved amount is $41,908. The loan was approved on 01/19/2021 by The Virginia National Bank reported 6 jobs and $41,908 was used to fund payroll.

Music technology inc. is Existing or more than 2 years old

PPP Loan Search / VA / Sumerduck / Music technology inc.

MUSIC TECHNOLOGY INC.

Date Approved

01/19/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MUSIC TECHNOLOGY INC.

Borrower Address

13218 Tall Oak Turn

Borrower City

Sumerduck

Borrower State

VA

Borrower Zip

22742-1834

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41907.50

Current Approval Amount

41907.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumerduck

Project County Name

FAUQUIER

Project State

VA

Project Zip

22742-1834

CD

VA-10

Jobs Reported

6

NAICS Code

811211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41902.50

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42069.31

Forgiveness Date

06/15/2021

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