PPP Loan information for Musical empowerment inc.

$20,813

Musical empowerment inc. was initially approved for PPP Loan of amount $20,813, the current approved amount is $20,813. The loan was approved on 03/26/2021 by The North State Bank reported 2 jobs and $20,813 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

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MUSICAL EMPOWERMENT INC.

Borrower Address

117 W Main St Ste B2

Borrower City

Carrboro

Borrower State

NC

Borrower Zip

27510-2025

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20813.00

Current Approval Amount

20813.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

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

27510-2025

CD

NC-04

Jobs Reported

2

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20813.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

20940.73

Forgiveness Date

11/09/2021

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