# PPP loan: ETI SOUND SYSTEMS, INC.
> **$341K** approved 04/10/2020 · Paid in Full · Loan `2410457100`
## Borrower
- **Name:** ETI SOUND SYSTEMS, INC.
- **Address:** 3383 E GAGE AVE, HUNTINGTON PARK, CA, 90255-5530
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Rent:** $54K
- **Utilities:** $14K
- **Jobs reported:** 43
## 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*