PPP Loan information for Winchester community music school

$271,565

Winchester community music school was initially approved for PPP Loan of amount $271,565, the current approved amount is $271,565. The loan was approved on 03/20/2021 by The Winchester Co-Operative Bank reported 71 jobs and $271,565 was used to fund payroll.

Winchester community music school is Existing or more than 2 years old

WINCHESTER COMMUNITY MUSIC SCHOOL

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WINCHESTER COMMUNITY MUSIC SCHOOL

Borrower Address

407 Highland Ave

Borrower City

Winchester

Borrower State

MA

Borrower Zip

01890-4050

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

271565.00

Current Approval Amount

271565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89265

Servicing Lender Name

Winchester Co-Operative Bank

Servicing Lender Address

19 Church St

Servicing Lender City

WINCHESTER

Servicing Lender State

MA

Servicing Lender Zip

01890-1804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winchester

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01890-4050

CD

MA-05

Jobs Reported

71

NAICS Code

611610

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

271564.00

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

Trust

Originating Lender Location Id

89265

Originating Lender

Winchester Co-Operative Bank

Originating Lender City

WINCHESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

273533.85

Forgiveness Date

12/09/2021

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