PPP Loan information for Community music school

$79,400

Community music school was initially approved for PPP Loan of amount $79,400, the current approved amount is $79,400. The loan was approved on 04/13/2020 by The Truist Bank reported 35 jobs and $79,400 was used to fund payroll.

Community music school is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Community music school

COMMUNITY MUSIC SCHOOL

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COMMUNITY MUSIC SCHOOL

Borrower Address

1544 HAMILTON ST

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18102-4202

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79400.00

Current Approval Amount

79400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18102-4202

CD

PA-07

Jobs Reported

35

NAICS Code

611610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79400.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

79942.57

Forgiveness Date

12/28/2020

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