PPP Loan information for Youth music project

$244,827

Youth music project was initially approved for PPP Loan of amount $244,827, the current approved amount is $244,827. The loan was approved on 02/07/2021 by The Umpqua Bank reported 39 jobs and $244,827 was used to fund payroll.

Youth music project is Existing or more than 2 years old

PPP Loan Search / OR / West Linn / Youth music project

YOUTH MUSIC PROJECT

Date Approved

02/07/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

YOUTH MUSIC PROJECT

Borrower Address

2015 8th Ave

Borrower City

West Linn

Borrower State

OR

Borrower Zip

97068-4605

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

244827.00

Current Approval Amount

244827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Linn

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97068-4605

CD

OR-05

Jobs Reported

39

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

244827.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

245913.63

Forgiveness Date

08/09/2021

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