PPP Loan information for Taylor music inc

$300,200

Taylor music inc was initially approved for PPP Loan of amount $300,200, the current approved amount is $300,200. The loan was approved on 04/07/2020 by The Dacotah Bank reported 25 jobs and $300,200 was used to fund payroll.

Taylor music inc is Existing or more than 2 years old

TAYLOR MUSIC INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

TAYLOR MUSIC INC

Borrower Address

513 SOUTH MAIN ST

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401-4325

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300200.00

Current Approval Amount

300200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-4325

CD

SD-

Jobs Reported

25

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30020.00

Payroll Proceed

240160.00

Mortgage Interest Proceed

30020.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302910.14

Forgiveness Date

03/09/2021

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