# PPP loan: SOUNDWAY CONSULTING INC
> **$655K** approved 04/16/2020 · Exemption 4 · Loan `2949047208`
## Borrower
- **Name:** SOUNDWAY CONSULTING INC
- **Address:** 1738 ELTON RD, SILVER SPRING, MD, 20903-5708
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $647K (99%)
- **Forgiveness date:** 10/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $655K
- **Jobs reported:** 47
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*