Victor Litz Music Center
$105,677 PPP Loan in Gaithersburg, Maryland
Loan Details
- Loan Number
- 7972687104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $105,677
- Current Approval
- $105,677
- Forgiveness Amount
- $106,586
- Forgiveness Date
- Mar 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Victor Litz Music Center
- Address
- 306 East Diamond Avenue
- City
- Gaithersburg
- State
- Maryland
- ZIP Code
- 20877
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (451140)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MD-08
Loan Use Breakdown
- Payroll
- $79,256
- Rent
- $7,500
- Utilities
- $5,004
- Health Care
- $10,217
- Mortgage Interest
- $2,000
- Debt Interest
- $1,700
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Gaithersburg, MD
| Business | Approved | |
|---|---|---|
| Boland Trane Services, Inc. | $5,499,500 | |
| Twp Enterprises, Inc. | $5,462,500 | |
| Community Support Services Inc. | $5,020,561 | |
| Xometry, INC | $4,783,207 | |
| Homespire Mortgage Corporation | $4,174,400 |
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