PPP Loan information for Dave's music center

$12,317

Dave's music center was initially approved for PPP Loan of amount $12,317, the current approved amount is $12,317. The loan was approved on 06/04/2020 by The The Lowell Five Cent Savings Bank reported 5 jobs and $12,317 was used to fund payroll.

Dave's music center is Existing or more than 2 years old

PPP Loan Search / MA / Dracut / Dave's music center

DAVE'S MUSIC CENTER

Date Approved

06/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DAVE'S MUSIC CENTER

Borrower Address

465 Nashua Rd

Borrower City

Dracut

Borrower State

MA

Borrower Zip

01826

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12317.00

Current Approval Amount

12317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dracut

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-0001

CD

MA-03

Jobs Reported

5

NAICS Code

611610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

9417.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12394.95

Forgiveness Date

01/26/2021

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