# PPP loan: LABEL AID, INC
> **$327K** approved 04/10/2020 · Paid in Full · Loan `1921927107`
## Borrower
- **Name:** LABEL AID, INC
- **Address:** 608 Rye Beach Rd, HURON, OH, 44839-2064
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Mortgage interest:** $41K
- **Utilities:** $41K
- **Jobs reported:** 34
## Lender
- **Originating:** The Croghan Colonial Bank
- **Servicing:** The Croghan Colonial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*