PPP Loan information for World music inc

$107,168

World music inc was initially approved for PPP Loan of amount $107,168, the current approved amount is $107,168. The loan was approved on 03/24/2021 by The Cambridge Trust Company reported 6 jobs and $107,168 was used to fund payroll.

World music inc is Existing or more than 2 years old

WORLD MUSIC INC

Date Approved

03/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WORLD MUSIC INC

Borrower Address

720 Massachusetts Ave Cambridge Ma 02139-3335

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-3335

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107167.50

Current Approval Amount

107167.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-3335

CD

MA-05

Jobs Reported

6

NAICS Code

711320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107162.50

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

Non-Profit Organization

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

107634.87

Forgiveness Date

09/07/2021

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