# PPP loan: LAFAYETTE'S MUSIC ROOM LLC
> **$357K** approved 04/06/2020 · Paid in Full · Loan `6147247009`
## Borrower
- **Name:** LAFAYETTE'S MUSIC ROOM LLC
- **Address:** 2119 MADISON AVE, MEMPHIS, TN, 38104-6501
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $45K
- **Utilities:** $22K
- **Health care:** $22K
- **Jobs reported:** 65
## Lender
- **Originating:** Insbank
- **Servicing:** Insbank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*