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
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

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