# PPP loan: SOUND ASSOCIATES, INC
> **$171K** approved 04/28/2020 · Paid in Full · Loan `1513567303`
## Borrower
- **Name:** SOUND ASSOCIATES, INC
- **Address:** 5675 RABBIT CREEK DR, THEODORE, AL, 36582-2543
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $14K
- **Jobs reported:** 6
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*