# PPP loan: SOUND IDEAS, INC.
> **$152K** approved 04/29/2020 · Paid in Full · Loan `2033137309`
## Borrower
- **Name:** SOUND IDEAS, INC.
- **Address:** 28 Kaysal Court, Armonk, NY, 10504
- **NAICS:** 443142
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $110K
- **Rent:** $19K
- **Utilities:** $4K
- **Health care:** $13K
- **Debt interest:** $5K
- **Jobs reported:** 7
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*