PPP Loan information for Ineffable music group inc.

$271,000

Ineffable music group inc. was initially approved for PPP Loan of amount $271,000, the current approved amount is $271,000. The loan was approved on 01/29/2021 by The City National Bank reported 14 jobs and $271,000 was used to fund payroll.

Ineffable music group inc. is Existing or more than 2 years old

INEFFABLE MUSIC GROUP INC.

Date Approved

01/29/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

INEFFABLE MUSIC GROUP INC.

Borrower Address

829 27th Ave

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94601-1413

Loan Status Date

04/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

271000.00

Current Approval Amount

271000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94601-1413

CD

CA-12

Jobs Reported

14

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

270998.00

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

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259731.33

Forgiveness Date

06/13/2022

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