PPP Loan information for The cleveland institute of music

$2,000,000

The cleveland institute of music was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/02/2021 by The KeyBank National Association reported 256 jobs and $2,000,000 was used to fund payroll.

The cleveland institute of music is Existing or more than 2 years old

THE CLEVELAND INSTITUTE OF MUSIC

Date Approved

04/02/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE CLEVELAND INSTITUTE OF MUSIC

Borrower Address

11021 East Blvd

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44106-1705

Loan Status Date

08/27/2022

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

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44106-1705

CD

OH-11

Jobs Reported

256

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2023506.85

Forgiveness Date

07/01/2022

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