PPP Loan information for The music connection inc.

$100,000

The music connection inc. was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/28/2020 by The Old National Bank reported 28 jobs and $100,000 was used to fund payroll.

The music connection inc. is Existing or more than 2 years old

PPP Loan Search / IL / Orland Park / The music connection inc.

THE MUSIC CONNECTION INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE MUSIC CONNECTION INC.

Borrower Address

10751 165th St

Borrower City

Orland Park

Borrower State

IL

Borrower Zip

60467-8700

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orland Park

Project County Name

COOK

Project State

IL

Project Zip

60467-8700

CD

IL-06

Jobs Reported

28

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100605.56

Forgiveness Date

12/09/2020

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