AMRO MUSIC STORES INC (TN) - 2020 PPP Loan Borrower Profile (# 3321668408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMRO MUSIC STORES 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

3321668408

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$650,265

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$657,598.54

Date Loan was Forgiven

Apr 5, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

650,265

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

453998

Borrower Location

Memphis, TN

Project Location

Memphis, TN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.