PPP Loan information for Foundation music school, inc.

$82,500

Foundation music school, inc. was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 04/09/2020 by The Adams Bank & Trust reported 19 jobs and $82,500 was used to fund payroll.

Foundation music school, inc. is Existing or more than 2 years old

FOUNDATION MUSIC SCHOOL, INC.

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

FOUNDATION MUSIC SCHOOL, INC.

Borrower Address

3663 South COLLEGE AVE Unit 13

Borrower City

FORT COLLINS

Borrower State

CO

Borrower Zip

80525-3009

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42396

Servicing Lender Name

Adams Bank & Trust

Servicing Lender Address

315 N Spruce St

Servicing Lender City

OGALLALA

Servicing Lender State

NE

Servicing Lender Zip

69153-2517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT COLLINS

Project County Name

LARIMER

Project State

CO

Project Zip

80525-3009

CD

CO-02

Jobs Reported

19

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79994.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2506.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

42396

Originating Lender

Adams Bank & Trust

Originating Lender City

OGALLALA

Originating Lender State

NE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

83528.42

Forgiveness Date

07/19/2021

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