Powers Music School

$250,000 PPP Loan in Belmont, Massachusetts

Loan Details

Loan Number
9464168405
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$251,849
Forgiveness Date
Nov 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powers Music School
Address
396 Concord Ave
ZIP Code
02478-3032
Business Type
Corporation
Industry (NAICS)
Educational Services (611610)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$9.9M
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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