PPP Loan information for Northwest community music academy

$92,107

Northwest community music academy was initially approved for PPP Loan of amount $92,107, the current approved amount is $92,107. The loan was approved on 02/05/2021 by The Home State Bank, National Association reported 35 jobs and $92,107 was used to fund payroll.

Northwest community music academy is Existing or more than 2 years old

PPP Loan Search / IL / Crystal Lake / Northwest community music academy

NORTHWEST COMMUNITY MUSIC ACADEMY

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

NORTHWEST COMMUNITY MUSIC ACADEMY

Borrower Address

800 S McHenry Ave Ste G

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-7487

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92107.00

Current Approval Amount

92107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-7487

CD

IL-09

Jobs Reported

35

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

92104.00

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

Non-Profit Organization

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

93127.85

Forgiveness Date

03/14/2022

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