# PPP loan: STANDARD LABORATORIES INC
> **$3.49M** approved 04/09/2020 · Paid in Full · Loan `1092927109`
## Borrower
- **Name:** STANDARD LABORATORIES INC
- **Address:** 147 11TH AVE STE 100, SOUTH CHARLESTON, WV, 25303-1114
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.49M
- **Initial approval:** $3.67M
- **Forgiven:** $3.54M (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.49M
- **Jobs reported:** 352
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*