# PPP loan: SYNERGETIC SOUNDS, INC.
> **$388K** approved 04/30/2020 · Paid in Full · Loan `5121617304`
## Borrower
- **Name:** SYNERGETIC SOUNDS, INC.
- **Address:** 776 HAUNTED LN,, BENSALEM, PA, 19020
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $42K
- **Utilities:** $11K
- **Debt interest:** $40K
- **Jobs reported:** 25
## 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*