PPP Loan information for Washington music sales center, inc.

$1,111,300

Washington music sales center, inc. was initially approved for PPP Loan of amount $1,111,300, the current approved amount is $1,111,300. The loan was approved on 04/06/2020 by The Capital Bank, National Association reported 155 jobs and $1,111,300 was used to fund payroll.

Washington music sales center, inc. is New Business or 2 years or less

PPP Loan Search / MD / SILVER SPRING / Washington music sales center, inc.

WASHINGTON MUSIC SALES CENTER, INC.

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

WASHINGTON MUSIC SALES CENTER, INC.

Borrower Address

11151 Veirs Mill Road

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20902-2597

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1111300.00

Current Approval Amount

1111300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20902-2597

CD

MD-08

Jobs Reported

155

NAICS Code

451140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1111300.00

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

Subchapter S Corporation

Originating Lender Location Id

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1117350.41

Forgiveness Date

11/05/2020

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