# PPP loan: INEFFABLE MUSIC GROUP, INC.
> **$279K** approved 04/09/2020 · Paid in Full · Loan `1048827106`
## Borrower
- **Name:** INEFFABLE MUSIC GROUP, INC.
- **Address:** 829 27TH AVE, OAKLAND, CA, 94601-1412
- **NAICS:** 711410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Rent:** $14K
- **Utilities:** $530
- **Health care:** $12K
- **Jobs reported:** 18
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*