# PPP loan: INEFFABLE MUSIC GROUP INC.
> **$271K** approved 01/29/2021 · Paid in Full · Loan `8039308306`
## Borrower
- **Name:** INEFFABLE MUSIC GROUP INC.
- **Address:** 829 27th Ave, Oakland, CA, 94601-1413
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $260K (96%)
- **Forgiveness date:** 06/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*