PPP Loan information for The music stores inc

$122,500

The music stores inc was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 04/28/2020 by The Capital One, National Association reported 11 jobs and $122,500 was used to fund payroll.

The music stores inc is Existing or more than 2 years old

THE MUSIC STORES INC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE MUSIC STORES INC

Borrower Address

2561 John Milton Dr

Borrower City

Herndon

Borrower State

VA

Borrower Zip

20171

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Herndon

Project County Name

FAIRFAX

Project State

VA

Project Zip

20171-0001

CD

VA-11

Jobs Reported

11

NAICS Code

451140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122500.00

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

Corporation

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123888.33

Forgiveness Date

06/24/2021

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