Merit School of Music
$814,592 PPP Loan in Chicago, Illinois
Loan Details
- Loan Number
- 7670347003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $814,592
- Current Approval
- $814,593
- Forgiveness Amount
- $819,119
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merit School of Music
- Address
- 38 S Peoria
- City
- Chicago
- State
- Illinois
- ZIP Code
- 60607
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- IL-07
Loan Use Breakdown
- Payroll
- $733,134
- Utilities
- $81,459
Lender Information
- Servicing Lender
- Wintrust Bank, National Association
- Originating Lender
- Wintrust Bank, National Association
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