Music Express INC
$1,502,000 PPP Loan in Clifton, New Jersey
Loan Details
- Loan Number
- 9961747004
- Date Approved
- Apr 9, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $1,502,000
- Current Approval
- $1,502,000
- Forgiveness Amount
- $1,207,818
- Forgiveness Date
- Mar 9, 2022
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Music Express INC
- Address
- 674 Clifton Ave
- City
- Clifton
- State
- New Jersey
- ZIP Code
- 07011-4233
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (485320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $37.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $1,332,200
- Rent
- $56,000
- Utilities
- $21,800
- Health Care
- $84,000
- Debt Interest
- $8,000
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
Other PPP Loans in Clifton, NJ
| Business | Approved | |
|---|---|---|
| Sandy Alexander INC | $8,547,900 | |
| Modern Electric Co | $4,658,625 | |
| Spruce Technology, INC | $3,864,480 | |
| Sax, LLP | $3,728,525 | |
| Daughters of Miriam | $3,223,897 |
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