PPP Loan information for The modern music academy

$7,137

The modern music academy was initially approved for PPP Loan of amount $7,137, the current approved amount is $7,137. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 19 jobs and $7,137 was used to fund payroll.

The modern music academy is New Business or 2 years or less

THE MODERN MUSIC ACADEMY

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE MODERN MUSIC ACADEMY

Borrower Address

371 BLOOMFIELD AVE

Borrower City

CALDWELL

Borrower State

NJ

Borrower Zip

07006-4907

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7137.00

Current Approval Amount

7137.00

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

CALDWELL

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-4907

CD

NJ-10

Jobs Reported

19

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7137.00

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

7197.22

Forgiveness Date

03/10/2021

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