901 SOUNDS INC. (TN) - 2020 PPP Loan Borrower Profile (# 5105137204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 901 SOUNDS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Tennessee.

Loan Detail

Loan Number

5105137204

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$49,857

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$50,343.11

Date Loan was Forgiven

Apr 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

1,810

Payroll Proced

42,767

Rent Proceed

4,480

Debt Interest Proceed

800

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

441310

Borrower Location

MEMPHIS, TN

Project Location

MEMPHIS, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.