# PPP loan: P.M. TESTING LABORATORY, INC.
> **$971K** approved 01/16/2021 · Paid in Full · Loan `1206348303`
## Borrower
- **Name:** P.M. TESTING LABORATORY, INC.
- **Address:** 3921 Pacific Hwy E, Fife, WA, 98424-1131
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $971K
- **Initial approval:** $971K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $971K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Sound Community Bank
- **Servicing:** Sound Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*