# PPP loan: RUSSOUND/FMP, INC.
> **$295K** approved 04/14/2020 · Paid in Full · Loan `6112277105`
## Borrower
- **Name:** RUSSOUND/FMP, INC.
- **Address:** 1 FORBES RD, NEWMARKET, NH, 03857
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Mortgage interest:** $42K
- **Utilities:** $42K
- **Jobs reported:** 14
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*