PPP Loan information for Musical empowerment inc

$22,384

Musical empowerment inc was initially approved for PPP Loan of amount $22,384, the current approved amount is $22,384. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $22,384 was used to fund payroll.

Musical empowerment inc is Existing or more than 2 years old

PPP Loan Search / NC / CARRBORO / Musical empowerment inc

MUSICAL EMPOWERMENT INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MUSICAL EMPOWERMENT INC

Borrower Address

117 W. MAIN STREET SUITE B2

Borrower City

CARRBORO

Borrower State

NC

Borrower Zip

27510

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22384.00

Current Approval Amount

22384.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARRBORO

Project County Name

ORANGE

Project State

NC

Project Zip

27510-0001

CD

NC-04

Jobs Reported

2

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22384.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

22585.76

Forgiveness Date

04/01/2021

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