PPP Loan information for Center of musical studies, inc.

$49,900

Center of musical studies, inc. was initially approved for PPP Loan of amount $49,900, the current approved amount is $49,900. The loan was approved on 04/13/2020 by The Truist Bank reported 2 jobs and $49,900 was used to fund payroll.

Center of musical studies, inc. is Existing or more than 2 years old

CENTER OF MUSICAL STUDIES, INC.

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CENTER OF MUSICAL STUDIES, INC.

Borrower Address

724 Chesapeake Ave

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910-5206

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49900.00

Current Approval Amount

49900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-5206

CD

MD-08

Jobs Reported

2

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50414.25

Forgiveness Date

04/29/2021

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