# PPP loan: MICHELSON LABORATORIES, INC.
> **$824K** approved 04/28/2020 · Paid in Full · Loan `1348757307`
## Borrower
- **Name:** MICHELSON LABORATORIES, INC.
- **Address:** 6280 CHALET DR, COMMERCE, CA, 90040-3704
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $824K
- **Initial approval:** $906K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $824K
- **Jobs reported:** 81
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*