PPP Loan information for The musical arts association

$2,000,000

The musical arts association was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/31/2021 by The KeyBank National Association reported 233 jobs and $2,000,000 was used to fund payroll.

The musical arts association is Existing or more than 2 years old

THE MUSICAL ARTS ASSOCIATION

Date Approved

03/31/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE MUSICAL ARTS ASSOCIATION

Borrower Address

11001 Euclid Ave

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44106-1713

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44106-1713

CD

OH-11

Jobs Reported

233

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Non-Profit Organization

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2015287.67

Forgiveness Date

01/20/2022

;