PPP Loan information for Community music school

$82,181

Community music school was initially approved for PPP Loan of amount $82,181, the current approved amount is $82,181. The loan was approved on 01/20/2021 by The Peoples Security Bank and Trust Company reported 28 jobs and $82,181 was used to fund payroll.

Community music school is Existing or more than 2 years old

COMMUNITY MUSIC SCHOOL

Date Approved

01/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

COMMUNITY MUSIC SCHOOL

Borrower Address

1544 Hamilton St Frnt

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18102-5184

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82180.62

Current Approval Amount

82180.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18102-5184

CD

PA-07

Jobs Reported

28

NAICS Code

611610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82176.62

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

82564.13

Forgiveness Date

07/16/2021

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