# PPP loan: LORAIN MUSIC CO
> **$172K** approved 04/09/2020 · Paid in Full · Loan `8952847003`
## Borrower
- **Name:** LORAIN MUSIC CO
- **Address:** 1174 MILAN AVE, AMHERST, OH, 44001-1320
- **NAICS:** 454210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 26
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*