PPP Loan information for The music academy

$40,020

The music academy was initially approved for PPP Loan of amount $40,020, the current approved amount is $40,020. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 18 jobs and $40,020 was used to fund payroll.

The music academy is Existing or more than 2 years old

PPP Loan Search / PA / State College / The music academy

THE MUSIC ACADEMY

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

THE MUSIC ACADEMY

Borrower Address

2790 West College Ave, Ste 7

Borrower City

State College

Borrower State

PA

Borrower Zip

16801

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40020.00

Current Approval Amount

40020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-1270

CD

PA-15

Jobs Reported

18

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35090.00

Mortgage Interest Proceed

0.00

Rent Proceed

4930.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40461.86

Forgiveness Date

06/09/2021

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