# PPP loan: DOWNTOWN MUSIC LLC
> **$689K** approved 04/10/2020 · Paid in Full · Loan `1663077108`
## Borrower
- **Name:** DOWNTOWN MUSIC LLC
- **Address:** 155 AVENUE OF THE AMERICAS 15th Fl., NEW YORK, NY, 10013-1514
- **NAICS:** 512110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $697K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Rent:** $69K
- **Utilities:** $34K
- **Health care:** $69K
- **Jobs reported:** 42
## 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*