PPP Loan information for Rockport music, inc.

$260,000

Rockport music, inc. was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/05/2020 by The Institution for Savings In Newburyport and its Vicinity reported 16 jobs and $260,000 was used to fund payroll.

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

ROCKPORT MUSIC, INC.

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROCKPORT MUSIC, INC.

Borrower Address

16 Main Street

Borrower City

ROCKPORT

Borrower State

MA

Borrower Zip

01966-1513

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01966-1513

CD

MA-06

Jobs Reported

16

NAICS Code

711130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32500.00

Payroll Proceed

195000.00

Mortgage Interest Proceed

32500.00

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

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

261675.56

Forgiveness Date

12/04/2020

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