# PPP loan: PROFESSIONAL AUDIO DESIGNS, INC.
> **$309K** approved 04/14/2020 · Paid in Full · Loan `7444947106`
## Borrower
- **Name:** PROFESSIONAL AUDIO DESIGNS, INC.
- **Address:** 11629 W Dearbourn Ave, MILWAUKEE, WI, 53226
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $15K
- **Utilities:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** Tri City National Bank
- **Servicing:** Tri City National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*