PPP Loan information for Northwest community music academy

$68,300

Northwest community music academy was initially approved for PPP Loan of amount $68,300, the current approved amount is $68,300. The loan was approved on 06/09/2020 by The Home State Bank, National Association reported 5 jobs and $68,300 was used to fund payroll.

Northwest community music academy is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Northwest community music academy

NORTHWEST COMMUNITY MUSIC ACADEMY

Date Approved

06/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NORTHWEST COMMUNITY MUSIC ACADEMY

Borrower Address

800 MCHENRY AVE SUITE G

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68300.00

Current Approval Amount

68300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-1000

CD

IL-09

Jobs Reported

5

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51225.00

Mortgage Interest Proceed

0.00

Rent Proceed

17075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

68669.96

Forgiveness Date

12/28/2020

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