PPP Loan information for Inspire arts and music, inc.

$197,500

Inspire arts and music, inc. was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/06/2020 by The Dedham Institution for Savings reported 20 jobs and $197,500 was used to fund payroll.

Inspire arts and music, inc. is Existing or more than 2 years old

INSPIRE ARTS AND MUSIC, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSPIRE ARTS AND MUSIC, INC.

Borrower Address

47 FAIRMOUNT AVE

Borrower City

HYDE PARK

Borrower State

MA

Borrower Zip

02136-2701

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32760

Servicing Lender Name

Dedham Institution for Savings

Servicing Lender Address

55 Elm St

Servicing Lender City

DEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02026-5996

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYDE PARK

Project County Name

SUFFOLK

Project State

MA

Project Zip

02136-2701

CD

MA-07

Jobs Reported

20

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

32760

Originating Lender

Dedham Institution for Savings

Originating Lender City

DEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199588.63

Forgiveness Date

05/10/2021

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