Music Magic INC Aka Montclair Music

$80,565 PPP Loan in Upper Montclair, New Jersey

Loan Details

Loan Number
2824367707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$80,565
Current Approval
$80,565
Forgiveness Amount
$81,113
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Music Magic INC Aka Montclair Music
Address
104 Watchung Ave
ZIP Code
07043
Business Type
Corporation
Industry (NAICS)
Educational Services (611610)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$69,390
Rent
$9,600
Utilities
$682
Health Care
$533
Debt Interest
$360

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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