# PPP loan: AUDIO LOGIC PRO SOUND COMPANY, LLC
> **$229K** approved 04/08/2020 · Paid in Full · Loan `8077797002`
## Borrower
- **Name:** AUDIO LOGIC PRO SOUND COMPANY, LLC
- **Address:** 7512 WASHINGTON AVE S, EDEN PRAIRIE, MN, 55344-3705
- **NAICS:** 532490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $10K
- **Mortgage interest:** $6K
- **Utilities:** $2K
- **Jobs reported:** 14
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*