PPP Loan information for Kernersville music academy inc

$7,247

Kernersville music academy inc was initially approved for PPP Loan of amount $7,247, the current approved amount is $7,247. The loan was approved on 04/27/2021 by The Truist Bank reported 5 jobs and $7,247 was used to fund payroll.

Kernersville music academy inc is Existing or more than 2 years old

KERNERSVILLE MUSIC ACADEMY INC

Date Approved

04/27/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KERNERSVILLE MUSIC ACADEMY INC

Borrower Address

116 S Cherry St Ste B

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-2763

Loan Status Date

12/15/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

7247.00

Current Approval Amount

7247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-2763

CD

NC-06

Jobs Reported

5

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7247.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;