The Music Connection, Inc.

$84,700 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
2818087100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$84,700
Current Approval
$84,700
Forgiveness Amount
$85,425
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Music Connection, Inc.
Address
77 Eighth Ave SW
ZIP Code
55025-1877
Business Type
Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$63,525
Rent
$5,294
Utilities
$5,294
Health Care
$5,294
Mortgage Interest
$5,294

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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