Powers Music School INC

$250,000 PPP Loan in Belmont, Massachusetts

Loan Details

Loan Number
4936677209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$252,034
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powers Music School INC
Address
396 Concord Ave
ZIP Code
02478-3032
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (711130)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$13.3M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$250,000

Lender Information

Servicing Lender
Cambridge Savings Bank
Originating Lender
Cambridge Savings Bank

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