PPP Loan information for Music express/east inc.

$853,000

Music express/east inc. was initially approved for PPP Loan of amount $853,000, the current approved amount is $853,000. The loan was approved on 02/06/2021 by The City National Bank reported 68 jobs and $853,000 was used to fund payroll.

Music express/east inc. is Existing or more than 2 years old

MUSIC EXPRESS/EAST INC.

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MUSIC EXPRESS/EAST INC.

Borrower Address

674 Clifton Ave

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07011-4233

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

853000.00

Current Approval Amount

853000.00

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

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-4233

CD

NJ-09

Jobs Reported

68

NAICS Code

485320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

852997.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

735678.72

Forgiveness Date

07/12/2022

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