PPP Loan information for The music connection, inc.

$84,700

The music connection, inc. was initially approved for PPP Loan of amount $84,700, the current approved amount is $84,700. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 9 jobs and $84,700 was used to fund payroll.

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

PPP Loan Search / MN / FOREST LAKE / The music connection, inc.

THE MUSIC CONNECTION, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE MUSIC CONNECTION, INC.

Borrower Address

77 Eighth Ave SW

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-1877

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84700.00

Current Approval Amount

84700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-1877

CD

MN-08

Jobs Reported

9

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5293.75

Payroll Proceed

63525.00

Mortgage Interest Proceed

5293.75

Rent Proceed

5293.75

Refinance EIDL Proceed

0.00

Health Care Proceed

5293.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85424.66

Forgiveness Date

02/17/2021

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