# PPP loan: PREUCIL SCHOOL OF MUSIC
> **$220K** approved 05/14/2021 · Paid in Full · Loan `2097059006`
## Borrower
- **Name:** PREUCIL SCHOOL OF MUSIC
- **Address:** 524 N Johnson St, Iowa City, IA, 52245-2840
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** Grow America Fund, Incorporated
- **Servicing:** Grow America Fund, Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*