PPP Loan information for Berkshire hills music academy, inc.

$527,500

Berkshire hills music academy, inc. was initially approved for PPP Loan of amount $527,500, the current approved amount is $527,500. The loan was approved on 04/28/2020 by The PeoplesBank reported 106 jobs and $527,500 was used to fund payroll.

Berkshire hills music academy, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SOUTH HADLEY / Berkshire hills music academy, inc.

BERKSHIRE HILLS MUSIC ACADEMY, INC.

Date Approved

04/28/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

BERKSHIRE HILLS MUSIC ACADEMY, INC.

Borrower Address

48 WOODBRIDGE ST

Borrower City

SOUTH HADLEY

Borrower State

MA

Borrower Zip

01075-1125

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527500.00

Current Approval Amount

527500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HADLEY

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01075-1125

CD

MA-01

Jobs Reported

106

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527500.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

531445.41

Forgiveness Date

02/03/2021

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