PPP Loan information for Washington music sales center inc.

$1,111,300

Washington music sales center inc. was initially approved for PPP Loan of amount $1,111,300, the current approved amount is $1,111,300. The loan was approved on 01/22/2021 by The Capital Bank, National Association reported 155 jobs and $1,111,300 was used to fund payroll.

Washington music sales center inc. is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Washington music sales center inc.

WASHINGTON MUSIC SALES CENTER INC.

Date Approved

01/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

WASHINGTON MUSIC SALES CENTER INC.

Borrower Address

9 Argosy Ct

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20878-2662

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1111300.00

Current Approval Amount

1111300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-2662

CD

MD-06

Jobs Reported

155

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1111298.00

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1123431.69

Forgiveness Date

02/24/2022

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