# PPP loan: CANNONBALL MUSICAL INSTRUMENTS
> **$234K** approved 04/13/2020 · Exemption 4 · Loan `4187127101`
## Borrower
- **Name:** CANNONBALL MUSICAL INSTRUMENTS
- **Address:** 625 E Sego Lily Drive, SANDY, UT, 84070-3542
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $182K (78%)
- **Forgiveness date:** 03/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 22
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*