PPP Loan information for Newton music academy

$20,833

Newton music academy was initially approved for PPP Loan of amount $50, the current approved amount is $20,833. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $20,833 was used to fund payroll.

Newton music academy is New Business or 2 years or less

PPP Loan Search / MA / NEEDHAM / Newton music academy

NEWTON MUSIC ACADEMY

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEWTON MUSIC ACADEMY

Borrower Address

69 WEXFORD STREET

Borrower City

NEEDHAM

Borrower State

MA

Borrower Zip

02494

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEEDHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-0001

CD

MA-04

Jobs Reported

15

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21001.38

Forgiveness Date

03/03/2021

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