# PPP loan: POWERS MUSIC SCHOOL
> **$250K** approved 02/17/2021 · Paid in Full · Loan `9464168405`
## Borrower
- **Name:** POWERS MUSIC SCHOOL
- **Address:** 396 Concord Ave, Belmont, MA, 02478-3032
- **NAICS:** 611610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 76
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*