PPP Loan information for Institute for the musical arts

$10,000

Institute for the musical arts was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 02/05/2021 by The Florence Bank reported 1 jobs and $10,000 was used to fund payroll.

Institute for the musical arts is Existing or more than 2 years old

PPP Loan Search / MA / Goshen / Institute for the musical arts

INSTITUTE FOR THE MUSICAL ARTS

Date Approved

02/05/2021

SBA Office Code

0130

Processing Method

PPP

Borrower Name

INSTITUTE FOR THE MUSICAL ARTS

Borrower Address

165 Cape Street

Borrower City

Goshen

Borrower State

MA

Borrower Zip

01032

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33183

Servicing Lender Name

Florence Bank

Servicing Lender Address

85 Main St

Servicing Lender City

FLORENCE

Servicing Lender State

MA

Servicing Lender Zip

01062-1400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Goshen

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01032

CD

MA-01

Jobs Reported

1

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Professional Association

Originating Lender Location Id

33183

Originating Lender

Florence Bank

Originating Lender City

FLORENCE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10076.99

Forgiveness Date

11/26/2021

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