PPP Loan information for Music express inc.

$1,502,000

Music express inc. was initially approved for PPP Loan of amount $1,502,000, the current approved amount is $1,502,000. The loan was approved on 02/06/2021 by The City National Bank reported 132 jobs and $1,502,000 was used to fund payroll.

Music express inc. is Existing or more than 2 years old

MUSIC EXPRESS INC.

Date Approved

02/06/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MUSIC EXPRESS INC.

Borrower Address

2601 W Empire Ave

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91504-3225

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1502000.00

Current Approval Amount

1502000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91504-3225

CD

CA-30

Jobs Reported

132

NAICS Code

485320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1501997.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1426460.70

Forgiveness Date

07/18/2022

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