# PPP loan: AUDIO ENGINEERING INC
> **$252K** approved 01/30/2021 · Paid in Full · Loan `9463508300`
## Borrower
- **Name:** AUDIO ENGINEERING INC
- **Address:** 5155 Torque Rd, Loves Park, IL, 61111-7144
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 10
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*