# PPP loan: AUDIOPHILE MUSICDIRECT INC
> **$630K** approved 04/09/2020 · Paid in Full · Loan `9010977008`
## Borrower
- **Name:** AUDIOPHILE MUSICDIRECT INC
- **Address:** 1811 W Bryn Mawr Ave, CHICAGO, IL, 60660-3903
- **NAICS:** 451140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Rent:** $79K
- **Utilities:** $79K
- **Jobs reported:** 62
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*