# PPP loan: PROFESSIONAL LABORATORIES INC
> **$216K** approved 04/09/2020 · Paid in Full · Loan `1047407107`
## Borrower
- **Name:** PROFESSIONAL LABORATORIES INC
- **Address:** 1675 North Commerce Parkway, FORT LAUDERDALE, FL, 33326-3205
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $6K
- **Utilities:** $13K
- **Health care:** $25K
- **Jobs reported:** 22
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*