# PPP loan: TAYLOR'S MUSIC STORE AND STUDIOS, INC.
> **$211K** approved 04/11/2020 · Paid in Full · Loan `3248357100`
## Borrower
- **Name:** TAYLOR'S MUSIC STORE AND STUDIOS, INC.
- **Address:** 116 W. Gay Street, WEST CHESTER, PA, 19380-2915
- **NAICS:** 451140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $25K
- **Utilities:** $4K
- **Jobs reported:** 26
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*