PPP Loan information for Musicians services inc.

$32,500

Musicians services inc. was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 10 jobs and $32,500 was used to fund payroll.

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

MUSICIANS SERVICES INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MUSICIANS SERVICES INC.

Borrower Address

4801 TERRACEWOOD DR

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55437

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55437-1000

CD

MN-03

Jobs Reported

10

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32500.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32702.22

Forgiveness Date

12/22/2020

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