As part of the Paycheck Protection Program OLD TOWN SCHOOL OF FOLK MUSIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OLD TOWN SCHOOL OF FOLK MUSIC, INC


Loan Amount	$1,588,918
BusinessName	OLD TOWN SCHOOL OF FOLK MUSIC, INC
Address	4544 N Lincoln Ave
City	Chicago
State	IL
Zip	60625
NAICSCode	611610
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	285
DateApproved	04/15/2020
Lender	First Midwest Bank
CD	IL-05
BusinessName.clean	OLD TOWN SCHOOL OF FOLK MUSIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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