# PPP loan: LASER TECHNOLOGIES, INC.
> **$823K** approved 04/10/2020 · Paid in Full · Loan `1361577110`
## Borrower
- **Name:** LASER TECHNOLOGIES, INC.
- **Address:** 1120 Frontenac Road 0.0, Naperville, IL, 60563-1749
- **NAICS:** 335312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $823K
- **Initial approval:** $823K
- **Forgiven:** $820K (100%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $637K
- **Rent:** $107K
- **Health care:** $78K
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*