# PPP loan: NEW MOZART SCHOOL OF MUSIC
> **$171K** approved 04/13/2020 · Paid in Full · Loan `5559757109`
## Borrower
- **Name:** NEW MOZART SCHOOL OF MUSIC
- **Address:** 2100 El Camino Real Suite C, Palo Alto, CA, 94301
- **NAICS:** 611110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 44
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*