PPP Loan information for Position music, inc.

$336,507

Position music, inc. was initially approved for PPP Loan of amount $336,507, the current approved amount is $336,507. The loan was approved on 04/08/2020 by The Truist Bank reported 28 jobs and $336,507 was used to fund payroll.

Position music, inc. is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Position music, inc.

POSITION MUSIC, INC.

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

POSITION MUSIC, INC.

Borrower Address

702 N. Mariposa St.

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91506-1629

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336507.00

Current Approval Amount

336507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91506-1629

CD

CA-30

Jobs Reported

28

NAICS Code

711410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

336507.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

340255.31

Forgiveness Date

05/27/2021

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