PPP Loan information for Palen music center, inc.

$891,000

Palen music center, inc. was initially approved for PPP Loan of amount $891,000, the current approved amount is $891,000. The loan was approved on 04/05/2020 by The Guaranty Bank reported 147 jobs and $891,000 was used to fund payroll.

Palen music center, inc. is Existing or more than 2 years old

PPP Loan Search / MO / SPRINGFIELD / Palen music center, inc.

PALEN MUSIC CENTER, INC.

Date Approved

04/05/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

PALEN MUSIC CENTER, INC.

Borrower Address

1560 E RAYNELL PL

Borrower City

SPRINGFIELD

Borrower State

MO

Borrower Zip

65804-6441

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891000.00

Current Approval Amount

891000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

459652

Servicing Lender Name

Guaranty Bank

Servicing Lender Address

2006 S Glenstone Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MO

Servicing Lender Zip

65804-2428

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

GREENE

Project State

MO

Project Zip

65804-6441

CD

MO-07

Jobs Reported

147

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

891000.00

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

459652

Originating Lender

Guaranty Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

896024.25

Forgiveness Date

11/03/2020

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