PPP Loan information for Megatrax production music, inc.

$559,880

Megatrax production music, inc. was initially approved for PPP Loan of amount $559,880, the current approved amount is $559,880. The loan was approved on 04/07/2020 by The City National Bank reported 35 jobs and $559,880 was used to fund payroll.

Megatrax production music, inc. is Existing or more than 2 years old

PPP Loan Search / CA / NORTH HOLLYWOOD / Megatrax production music, inc.

MEGATRAX PRODUCTION MUSIC, INC.

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MEGATRAX PRODUCTION MUSIC, INC.

Borrower Address

7629 FULTON AVE

Borrower City

NORTH HOLLYWOOD

Borrower State

CA

Borrower Zip

91605-1800

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559880.00

Current Approval Amount

559880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH HOLLYWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91605-1800

CD

CA-29

Jobs Reported

35

NAICS Code

512230

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12682.00

Payroll Proceed

457884.00

Mortgage Interest Proceed

0.00

Rent Proceed

28870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60444.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

564512.43

Forgiveness Date

03/03/2021

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