# PPP loan: RELATIVE SOUND INC
> **$176K** approved 05/06/2020 · Paid in Full · Loan `2563607403`
## Borrower
- **Name:** RELATIVE SOUND INC
- **Address:** 14200 Stuebner Airline Rd, STE Q, HOUSTON, TX, 77069
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $6K
- **Jobs reported:** 9
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*