# PPP loan: SOUNDOWN CORPORATION
> **$544K** approved 04/06/2020 · Paid in Full · Loan `6119777007`
## Borrower
- **Name:** SOUNDOWN CORPORATION
- **Address:** 16 BROADWAY, SALEM, MA, 01970-2922
- **NAICS:** 336310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $463K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $544K
- **Jobs reported:** 36
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*