PPP Loan information for The music connection inc.

$73,000

The music connection inc. was initially approved for PPP Loan of amount $73,000, the current approved amount is $73,000. The loan was approved on 01/31/2021 by The MidWestOne Bank reported 9 jobs and $73,000 was used to fund payroll.

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

THE MUSIC CONNECTION INC.

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE MUSIC CONNECTION INC.

Borrower Address

77 8th Ave SW

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025-1877

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73000.00

Current Approval Amount

73000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-1877

CD

MN-08

Jobs Reported

9

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72996.00

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

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73265.64

Forgiveness Date

06/15/2021

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