# PPP loan: AUDIO AUTHORITY CORPORATION
> **$539K** approved 04/07/2020 · Paid in Full · Loan `6846417000`
## Borrower
- **Name:** AUDIO AUTHORITY CORPORATION
- **Address:** 2048 MERCER RD, LEXINGTON, KY, 40511-1071
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 49
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*