# PPP loan: MRZ SOUND INC.
> **$236K** approved 04/09/2020 · Paid in Full · Loan `1078227104`
## Borrower
- **Name:** MRZ SOUND INC.
- **Address:** 11601 WILSHIRE BLVD, STE 2180, LOS ANGELES, CA, 90025-0315
- **NAICS:** 512110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $85K
- **Rent:** $131K
- **Health care:** $20K
- **Jobs reported:** 4
## 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*