PPP Loan information for Gerry's music shop inc

$196,000

Gerry's music shop inc was initially approved for PPP Loan of amount $196,000, the current approved amount is $196,000. The loan was approved on 01/20/2021 by The Easthampton Savings Bank reported 14 jobs and $196,000 was used to fund payroll.

Gerry's music shop inc is Existing or more than 2 years old

PPP Loan Search / MA / South Hadley / Gerry's music shop inc

GERRY'S MUSIC SHOP INC

Date Approved

01/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

GERRY'S MUSIC SHOP INC

Borrower Address

80 Lamb St

Borrower City

South Hadley

Borrower State

MA

Borrower Zip

01075-2959

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196000.00

Current Approval Amount

196000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32766

Servicing Lender Name

Easthampton Savings Bank

Servicing Lender Address

36 Main St

Servicing Lender City

EASTHAMPTON

Servicing Lender State

MA

Servicing Lender Zip

01027-2050

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Hadley

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01075-2959

CD

MA-01

Jobs Reported

14

NAICS Code

451140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195998.00

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

Corporation

Originating Lender Location Id

32766

Originating Lender

Easthampton Savings Bank

Originating Lender City

EASTHAMPTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198566.79

Forgiveness Date

05/23/2022

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