PPP Loan information for Academy of movement and music, inc.

$125,000

Academy of movement and music, inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/28/2020 by The Byline Bank reported 49 jobs and $125,000 was used to fund payroll.

Academy of movement and music, inc. is Existing or more than 2 years old

ACADEMY OF MOVEMENT AND MUSIC, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACADEMY OF MOVEMENT AND MUSIC, INC.

Borrower Address

605 LAKE STREET

Borrower City

OAK PARK

Borrower State

IL

Borrower Zip

60302

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK PARK

Project County Name

COOK

Project State

IL

Project Zip

60302-1000

CD

IL-07

Jobs Reported

49

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115680.42

Forgiveness Date

12/04/2020

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