# PPP loan: REACH RECORDS LLC
> **$232K** approved 04/08/2020 · Paid in Full · Loan `8740177001`
## Borrower
- **Name:** REACH RECORDS LLC
- **Address:** 1570 NORTHSIDE DR NW, STE 200A, ATLANTA, GA, 30318-4204
- **NAICS:** 512250
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $19K
- **Utilities:** $15K
- **Health care:** $35K
- **Jobs reported:** 14
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*