# PPP loan: FIRST HOSPITAL LABORATORIES INC.
> **$2.00M** approved 02/02/2021 · Paid in Full · Loan `1569358403`
## Borrower
- **Name:** FIRST HOSPITAL LABORATORIES INC.
- **Address:** 100 Highpoint Dr Ste 102, Chalfont, PA, 18914-3926
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 262
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*