PPP Loan information for Center of musical studies inc.

$45,000

Center of musical studies inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 03/23/2021 by The Loan Source Incorporated reported 2 jobs and $45,000 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

03/23/2021

SBA Office Code

0353

Processing Method

PPS

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

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

711510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

45281.10

Forgiveness Date

11/09/2021

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