PPP Loan information for The music general inc.

$47,500

The music general inc. was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 01/20/2021 by The First Western Bank & Trust reported 8 jobs and $47,500 was used to fund payroll.

The music general inc. is Existing or more than 2 years old

THE MUSIC GENERAL INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE MUSIC GENERAL INC.

Borrower Address

416 S 7th St

Borrower City

Brainerd

Borrower State

MN

Borrower Zip

56401-3617

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brainerd

Project County Name

CROW WING

Project State

MN

Project Zip

56401-3617

CD

MN-08

Jobs Reported

8

NAICS Code

711120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47499.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47746.74

Forgiveness Date

08/03/2021

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