PPP Loan information for Universal music center, inc

$4,215

Universal music center, inc was initially approved for PPP Loan of amount $4,215, the current approved amount is $4,215. The loan was approved on 04/28/2020 by The First Farmers & Merchants Bank reported 2 jobs and $4,215 was used to fund payroll.

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

UNIVERSAL MUSIC CENTER, INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNIVERSAL MUSIC CENTER, INC

Borrower Address

841 LINDEN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2834

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4215.00

Current Approval Amount

4215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2834

CD

MN-01

Jobs Reported

2

NAICS Code

611610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1012.00

Payroll Proceed

3203.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4247.43

Forgiveness Date

02/02/2021

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