PPP Loan information for Musicians institute inc.

$2,000,000

Musicians institute inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The Citizens Business Bank reported 266 jobs and $2,000,000 was used to fund payroll.

Musicians institute inc. is Existing or more than 2 years old

PPP Loan Search / CA / Los Angeles / Musicians institute inc.

MUSICIANS INSTITUTE INC.

Date Approved

02/19/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MUSICIANS INSTITUTE INC.

Borrower Address

6752 Hollywood Blvd

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90028-4622

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90028-4622

CD

CA-30

Jobs Reported

266

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017972.60

Forgiveness Date

01/20/2022

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