# PPP loan: AUDIO PROPERTIES INC
> **$172K** approved 04/30/2020 · Paid in Full · Loan `7557547307`
## Borrower
- **Name:** AUDIO PROPERTIES INC
- **Address:** 232 E OHIO ST - 1ST FL, CHICAGO, IL, 60611-3217
- **NAICS:** 512240
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $39K
- **Health care:** $3K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*