PPP Loan information for The university musical society

$458,432

The university musical society was initially approved for PPP Loan of amount $458,432, the current approved amount is $458,432. The loan was approved on 04/06/2020 by The Bank of Ann Arbor reported 29 jobs and $458,432 was used to fund payroll.

The university musical society is Existing or more than 2 years old

THE UNIVERSITY MUSICAL SOCIETY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE UNIVERSITY MUSICAL SOCIETY

Borrower Address

881 N UNIVERSITY AVE

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48109-1270

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458432.00

Current Approval Amount

458432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48109-1270

CD

MI-06

Jobs Reported

29

NAICS Code

711320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

458432.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

463217.28

Forgiveness Date

05/03/2021

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